Economic Commentary
An updated look at the 2024 Election
Economy & Policy October 24, 2024 With the election in its closing stretch, Managing Director, Washington Policy Analyst Ed Mills and team provide in-depth analysis of the presidential and congressional races. To read the full analysis, see the Washington Policy report linked below. Elections tend to break towards one candidate in the closing days, […]
U.S. economy remained strong in Q3
Economy & Policy October 18, 2024 Chief Economist Eugenio J. Alemán discusses current economic conditions. From current data, it is clear there are no signs the U.S. economy is currently facing challenges. The retail and food services sales report on October 17 confirmed that barring any downward revision to September’s estimates, the U.S. consumer […]
Trade and tariffs: The impact on consumers
Economy & Policy October 14, 2024 Chief Economist Eugenio Alemán and Economist Giampiero Fuentes note that an across the board increase in tariffs has the potential to push inflation higher. To read the full article, see the Investment Strategy Quarterly publication linked below. A tariff is a tax assessed on imports. Historically, tariffs have […]
Many reasons to doubt the strength in employment
Economy & Policy October 11, 2024 Chief Economist Eugenio J. Alemán discusses current economic conditions. The U.S. labor market continues to be the star of the show, so to speak, for financial markets and for the U.S. economy, delivering an impressive number in September and defying expectations. We remain suspicious of the current strength […]