Charts & Chat - April 14, 2024
Eric Boyce • April 14, 2024
This week, CEO Eric Boyce, CFA discusses: 1. March consumer prices were higher than expected and producer prices were softer than expected, making for a wild ride in the investment market this week. 2. Expectations for rate cuts decreasing, leading to stronger dollar, higher 10-year treasury yields, and higher mortgage rates. 3. commodity prices accelerating, including industrial and precious metals 4. consumer and small business optimism continue to be subdued 5. small caps, industrials, quality and diversification across foreign asset classes should prove beneficial in the months ahead.

By Eric Boyce
•
April 13, 2026
This week, CEO Eric Boyce, CFA discusses: 1. final 4Q GDP revision reflects weaker year-end environment. First quarter estimates are trending down, reflecting pressure from geopolitics 2. personal income trending lower, although credit outstanding remains flat 3. PCE prices are elevated, primarily from goods prices - housing continuing to drop 4. energy market impacts from Iran conflict - disproportionate impact on lower income, Asia energy markets 5. forward looking equity returns look to be more limited, following three years of above average returns - private investments will likely play a greater role going forward 6. still a considerable gap on individuals with retirement plans, even at the higher income levels 7. earnings estimates moving higher, especially for tech firms; accordingly, tech P/E multiples back down to overall index average




