Independent Investment Research
Building on over 33 years of industry-leading research, Capital Advisors Group provides comprehensive, independent investment research and credit analysis which we believe is relevant to the unique risks and challenges faced by finance professionals. Our research staff is committed to improving the safety and liquidity of cash portfolios in all market conditions.
Investment Management
Tips for Cash Investors in Times of Market Volatility
3 min readIntroduction Market volatility has been elevated following the White House’s tariff announcement on April 2nd. While the source of this heightened volatility is unique…
Rates, Liquidity, and Tariffs: Three Questions to Answer in 2025
19 min readIntroduction By Lance Pan, CFA 2024 was a remarkable year for financial markets in many respects. The estimated 2.7% growth in real gross domestic…
The Future of Cash May Be a Token
9 min readCash may be King, but it is also going virtual before our eyes. Digital cash used to be the domain of tech innovators and…
Taking Stock of Japanese Megabanks’ Credit Profiles in Volatile Markets
4 min readRecent market turmoil, triggered by the Bank of Japan’s interest rate hike and disappointing US jobs data, has resulted in a sell-off in Japanese…
Registered Investment Advisors vs. Broker-Dealers: Who Should You Work With?
7 min readRegistered Investment Advisors (RIAs) vs. Broker-Dealers (B-Ds): An Overview The services of a registered investment advisor or a broker-dealer should be considered if you…
Putting Cash to Work
11 min readIntroduction: Higher Rates are Coming to An End Recent comments by Federal Reserve officials indicate that monetary policymakers may soon start lowering short-term rates…
Credit & Risk
New Vice Chair for Supervision Michelle Bowman and the New Deregulatory Wave: Implications for U.S. Banks
8 min readMichelle “Miki” Bowman’s nomination as the Federal Reserve’s Vice Chair for Supervision was confirmed by the U.S. Senate on June 4th, 2025[1]. The confirmation…
AI Check-In
6 min readBefore tariffs dominated the headlines, it was the rise of artificial intelligence (AI) that propelled movements in financial markets. The surging demand for AI…
Tariff Pause Brings the Market Some Relief
3 min readYesterday, President Trump announced via Truth Social that he would be suspending reciprocal tariffs on nearly all countries for a 90-day period – marking…
White House Tariff Announcement: Initial Reaction
4 min readYesterday, President Trump announced a broad array of tariffs in what is arguably the most consequential trade action since the establishment of the WTO…
Navigating Tariffs in the Auto Sector
4 min readThe U.S. auto industry is entering a period of uncertainty due to the looming threat of tariffs on Canada and Mexico, which could have…
Steel and Aluminum Tariffs Test Consumers’ Mettle
6 min readIn the latest of President Trump’s proposed tariffs, the White House announced plans to impose a 25% tariff on steel and aluminum imports, effective…
Economics & Rates
June 2025 Month-End Market Update
4 min readStagflation Headlines Close Out Q2 Economic data released at the end of June showed signs of stagflation, which is likely prompting the Fed to…
June 2025 Mid-Month Market Update
4 min readTariffs Not Yet Impacting Inflation; & Softening Labor Market For the 4th month in a row, both headline and core CPI came in lower than…
May 2025 Mid-Month Market Update
4 min readRisk-on Tone In Markets After US/China Tariff Reprieve On May 12th, the United States and China issued a joint statement announcing a 90 day…
April 2025 Month-End Market Update
4 min readDecent Underlying GDP Data Despite A Negative Headline Q1 2025 GDP contracted for the first time since 2022 on a pre-tariff import surge of…
April 2025 Mid-Month Market Update
3 min readMarkets Stabilize Following Tariff Announcements It has been a historic month for global markets due to the Trump administration’s on-again/off-again tariff announcements. Despite the…
March 2025 Month-End Market Update
3 min readQ1 2025: The Trump Trade Unwound on Tariff Concerns First quarter market activity was driven by tariff headlines along with increased fears of inflation…