Economic Commentary

August 11, 2025 Doug Drabik discusses fixed income market conditions and offers insight for bond investors. The distribution of net worth in the United States is unbalanced. This can lead to many suppositions on how it may or may not affect current and future economic conditions. According to the US Census and Federal Reserve, people […]

Economy & Policy August 01, 2025 Chief Economist Eugenio J. Alemán discusses current economic conditions. July’s nonfarm employment number was much weaker than expected, up just 73,000, while the downward revisions to the previous two months were larger than 100,000 each of the months. This has the potential to bring July’s positive employment reading into […]

Retirement & Longevity From withdrawals to conversions, taxes in retirement can be a balancing act. After a fruitful career and plenty of practice paying taxes, you may feel prepared for the tax man in retirement. But a review of your post-retirement taxable income may yield some surprising insights. Examining your position can help you design […]

Economy & Policy July 18, 2025 Chief Economist Eugenio J. Alemán discusses current economic conditions. We disagree with the way the current administration is pressuring the Federal Reserve (Fed) to lower interest rates because lowering rates must not be a political decision; it must stand on its own economic and monetary policy merits. Doing otherwise […]