RockCreek

This summer was a time of dramatic change: in politics, geopolitics and – in world’s two largest economies – in economic policy and markets... RockCreek sees three themes to watch as the year ends: ?? Rising political tensions in the US and globally.?Will conflict – including potentially in the US – spill over to affect the economy and markets? ?? Inflation subsiding, back to price stability.?Interest rates are going down, but will not go back to zero. ?? Return of global imbalances??Strong US consumption and growth looks set to continue, lifting the global economy. Read our quarterly commentary letter ?? https://lnkd.in/epHwqFpr

Alifia Doriwala joined Bloomberg Open Interest to discuss recent economic data, AI as an investment theme, and considerations for diversified portfolios. Watch the segment here:

When the Federal Reserve kicked off monetary easing with a big 50-point cut ?? last week, few expected another bonus for markets to be announced by China’s central bank ??? a week later... Read all about it in RockCreek’s newsletter ?? https://lnkd.in/ePvXGAkP

The Federal Reserve is set to cut interest rates next week, kicking off a long-awaiting easing cycle. ? The only question is whether the initial cut will be a cautious 25 basis points or whether the Fed will go big with a 50 bp cut. Read all about it in RockCreek's newsletter ? https://lnkd.in/ebF6Cyam

Two years after raising interest rates at a near-record pace, to more than 5%, the Federal Reserve is finally poised to begin to ease policy. Fed Chair Jerome Powell could not have been clearer in his major speech at Jackson Hole last week. Moving away from the all out fight against inflation that he outlined at the same venue in 2022, Chair Powell declared “the time has come for policy to adjust.” The question for investors is no longer when the Fed will begin to cut policy rates, but by how much and how quickly... All this, and more, in RockCreek's newsletter ? https://lnkd.in/eQ33cm53

Alifia Doriwala, Co-Chief Investment Officer for OCIO Services, joined Bloomberg Open Interest to discuss considerations for investors in equity markets during and beyond earnings season. Watch the segment here. ? More market insights can be found in RockCreek’s latest quarterly commentary letter: https://lnkd.in/grzPgTYi

Markets were calm in Q2. The political scene was not. Helped by lower inflation and evidence of a gentle cooling in the labor market, volatility in US financial markets stayed low throughout the quarter. Looking ahead, RockCreek sees three themes for investors to watch in coming months: ?? Politics. In an era of disruptive and volatile global politics, the most important election is coming in November, in the US. ?? Monetary easing: Fed to follow now? In a break with the usual pattern, the Federal Reserve has been lagging the global monetary cycle this year rather than leading. ?? Globalization under pressure. The pandemic is over. Supply bottlenecks have unwound. But the move to highlight resilience rather than efficiency is still top of mind for policymakers. Read RockCreek's full quarterly commentary ?

We are only half way through July. But already much has changed. On the economy, there is now more clarity. Rate cuts are coming in the US, most likely in September. Data on inflation and jobs over the last week have confirmed that the balance of risks has shifted. Politically, the world is also at a pivot point. But here, recent events have just deepened uncertainty... All this, and more, in RockCreek's newsletter ? https://lnkd.in/eet9wruK

Afsaneh Beschloss, RockCreek founder and CEO, joined CNBC Overtime to discuss the impact of global elections on markets. Watch the full interview below.

RockCreek is excited to share more about our investments in Nexamp, Crosstown Fiber, and Renewance. Each of these companies has a strong presence in Illinois and represents both an attractive economic opportunity, as well as long-term societal benefits and having a positive impact on communities by creating jobs and enabling the energy transition. Read more at the link below. Justin Heyman Maria Woodman Anahita Smeets