Markets Forecasting Markets

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Market-driven tools for asset allocation and strategic investment

The Markets Message

HCWE supports the institutional investment community in formulating investment strategies through intelligent use of market data and superior understanding of how markets have behaved over time. Markets forecast Markets!

With many decades in the business of capital-market analysis and reporting, HCWE remains one of the most dependable resources for innovative research designed specifically for the institutional investor.

We distribute our research findings in a variety of periodic reports with telephone and video conferences and occasional on-site briefings.

Find out how HCWE Insight can work for you. Contact us at: +1(978)468-4575 or send us a message.

R. David Ranson,
President and
Director of Research,
HCWE & Co.

Highlights from Recent Publications

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Market-Driven Tools for Asset Allocation  Tactical Asset Selector
Using markets to recognize upward potential in energy prices - 08/31/2023
Financial markets provide at least two predictive indicators for the direction of oil prices. One is the price-ratio of oil to gold. Another is implied volatility in the oil market.
Market-Driven Tools for Asset Allocation  Economic and Investment Observations
Fiscal helicopters, market expectations, and inflation - 08/17/2023
Stanford's John Cochrane points out that Washington's profligate spending is a more logical and more plausible explanation for the inflation surge than the popular theories that circulate in the media.
Market-Driven Tools for Asset Allocation  Fixed-Income Barometer
"Market forecasts" for the coming twelve months as of 08/20/2023
Market-Driven Tools for Asset Allocation  Equity-Market Barometer
"Market forecasts" for the coming twelve months as of 09/28/2023
Market-Driven Tools for Asset Allocation  International Barometer
"Market forecasts" for the coming twelve months as of 09/28/2023
Market-Driven Tools for Asset Allocation  Sector Watch
"Market forecasts" for the coming twelve months as of 08/17/2023
Market-Driven Tools for Asset Allocation  Graphic Insights
Any which way you measure inflation, the Fed is impotent - 09/26/2023
Despite almost universal acceptance, evidence that interest-rate policy has power over inflation is astonishingly hard to find. Doubts may exist on the part of the general public, but the Fed's announcements, statements and speeches are doctrine-driven and any adverse evidence remains unexplored, hidden, or ambiguous.
Market-Driven Tools for Asset Allocation  HCWE Webcast
The Hidden Impact Of Energy Prices On Inflation and Stock Prices - 08/29/2023
It's easy to under-appreciate the influence that energy, notably crude oil, has on price indexes, in the short term. But it's massive. To bring about another inflation surge it would take no more than a partial recovery from recently depressed oil prices.

Get the stories behind the headlines! Contact HCWE & Co. at +1(978)468-4575
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HCWE In the News

Wainwright in the news
bullet New! What's Really Driving Inflation? It Ain't The Federal Reserve, S. Constable,, 8/28/23 Read
bullet New! What G.D.P.'s Cousin Can Tell Us About the Economy, P. Coy, New York Times, 8/8/23 Read
bullet How The Government Is Making The Silicon Valley Bank Crisis Worse, S. Constable,, 4/23/23 Read
bullet Why It's So Hard to Stop Inflation, Virtual Presentation, CFA Switzarland, 2/9/2023 Watch
bullet Norm Reversion for Oil Indicates Less-Than-Transitory Inflation, Opinion, Real Clear Markets, 3/6/2023 Read
bullet The Fed's Dim Chances - Podcast, The Independent Research Forum, 1/30/2023 [Play]
bullet Will Federal Reserve Rate Hikes Pull Down Inflation?, S. Constable,, 12/27/2022 Read
bullet Recession Still Nowhere To Be Seen, S. Constable,, 12/19/2022 Read
bullet Inflation Is About the Quality of Money, Not Quantity, David Ranson, Barron's - Economy & Policy, 11/25/22 Read