Current consensus favors former Vice President Biden winning the Presidency with Democrats also capturing the Senate. So what are the sector implications of a Biden Presidency and a Democratic Senate? Under this outcome, a sizable expansion of fiscal debt levels and increased regulation of certain industries seems probable. Industries most likely to face heightened government oversight include energy, pharmaceuticals and technology.
Category: Insights
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Chilton Trust 2Q20 Commentary
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Chilton Trust 1Q20 Commentary
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Chilton Trust 4Q19 Commentary
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Chilton Trust 3Q19 Commentary
Chilton Trust devotes significant resources to maintaining the security of our networks, systems and software, including robust security for our email and online portal and app. We are committed to protecting our clients, and as part of this effort, we want to ensure that you are personally doing all that you can to protect yourselves and your families from potential cyber threats. Download the PDF for some basic tips and reminders to help lower your vulnerability and maintain awareness.
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Federal Reserve Rate Cuts
An Overreaction to a Test of Yield Curve Inversion
There has been a lot of concern about the inverted Treasury yield curve and the historical belief that it portends an actual economic recession. Our central case is that the concern about the inversion is an overreaction, driven from a misunderstanding of some of the key factors that have triggered the inversion. We expect the Fed will cut rates further this year, potentially at the September meeting and even perhaps an additional cut at the December meeting. We continue to believe that such additional rate accommodation will be supportive of continued US economic growth–not a recession.
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Chilton Trust 2Q19 Commentary
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