Economic Commentary

Economy & Policy May 30, 2025 Chief Economist Eugenio J. Alemán discusses current economic conditions. Since the start of the second Trump administration and its strategy of imposing tariffs, we have stated that we are not fans of tariffs as an economic policy instrument. We have also noted that many of the tariffs imposed are […]

Technology & Innovation Learn about a few simple things you can do to protect your personal information while you travel. Travel can be one of life’s great pleasures, especially when you’re enjoying retirement. Exploring new-to-you countries or revisiting favorite spots is fulfilling, whether traveling by yourself or with family or friends. Regardless of who you […]

Economy & Policy May 16, 2025 Chief Economist Eugenio J. Alemán discusses current economic conditions. We know that many shops are changing their view on economic activity due to the partial about-face regarding US-China tariffs, going from 145% to “just” 30%, but a 90-day window does not give comfort to either consumers or businesses. Our […]

Economy & Policy May 09, 2025 Chief Economist Eugenio J. Alemán discusses current economic conditions. It is very difficult for the Federal Reserve (Fed) to have any conviction at this time on the timing of interest rate moves when all the numbers on the economy, with probably the exception of soft data but especially consumer […]