6 min readStepping into office with leading and supporting roles open across the government’s top financial regulators, the Biden administration was given a unique opportunity to reshape the financial regulatory landscape. Nominating four members to the seven-member Federal Reserve Board and promoting another to a key position, the Biden Administration has already made an outsized impact on…
2 min readThe Fed appears likely to increase its overnight rate target at the March 15th-16th FOMC meeting. In addition to many other Fed officials who have expressed a willingness to tighten monetary policy to contain inflation pressures, Fed Chair Powell reinforced the hawkish tone at his Senate nomination hearing earlier this month. Throughout most of 2021…
2 min readThe Federal Reserve met over the past two days to review its stance on monetary policy, and it has provided specific details on plans to taper its bond purchase program over the next few quarters. Since March of 2020, the central bank has been buying $120 billion of assets each month, and it revealed today…
1 min readIn this webinar, Stefan Spazek and special guests Bill Wickline, who leads the national life sciences practice for Bridge Bank, and Robert Lake, leader of the national life sciences group at Runway Growth Capital, discuss debt financing for growing companies in the healthcare sector. Watch a recording (10/27/2021) of Capital Advisors Group’s webinar, Healthcare Debt…
1 min readESG (environmental, social, and governance) investing principals have been discussed for more than a decade, but they have only recently gained traction in the fixed income world. In this webcast, Ray Facinelli, EVP-Director of Business Development, and Pate Campbell, an analyst with the Capital Advisors Group credit research team, discuss what institutional cash investors need…
6 min readAs the US economy emerges from the severe economic dislocation of the pandemic, early indications point to a strong recovery in 2021, with GDP growth poised to exceed 6% based on annualized first quarter data. Expansionary fiscal and monetary policy, healthier household balance sheets, and pent-up consumer demand are likely to significantly boost economic activity….
5 min readInflation, it’s all the rage in financial market commentary of late. After being dormant for the better part of a decade, the CPI came roaring back to life in April, with the headline index posting a 4.2% year-over-year rise and the core index posting a 3% increase. This has resulted in a lot of talk…
2 min readThe Federal Reserve met this week to review its current stance on monetary policy and updated its Summary of Economic Projections for Q1 2021. While the Fed was encouraged by the addition of 379,000 jobs to non-farm payrolls in February and a decline in the unemployment rate to 6.2%, they also acknowledged that “the path…
2 min readThe minutes from the FOMC’s January meeting were released yesterday, revealing that the Fed believes that keeping interest rates low and continuing asset purchases are necessary to support the economic recovery. The Fed indicated that December’s $900B stimulus package, the prospect of a new round of stimulus and the continued distribution of the COVID-19 vaccines…
2 min readThe Federal Reserve held its first meeting of the new year and affirmed their commitment to a near zero interest rate environment, saying “The pace of the recovery in economic activity and employment has moderated in recent months, with weakness concentrated in the sectors most adversely affected by the pandemic.” The Fed indicated that they…