Economic Commentary

ECONOMY & POLICY January 26, 2024   Chief Economist Eugenio J. Alemán discusses current economic conditions. In the middle of 2023 we argued that, according to our forecast for GDP at the time for the whole of 2023, employment was growing too fast and that it would have to slow considerably during the second half […]

ECONOMY & POLICY January 19, 2024   Chief Economist Eugenio J. Alemán discusses current economic conditions. In our Weekly Economics Thoughts of the Week for last week, we showed that the housing market, i.e., real residential investment, had been one of the most impacted sectors by the increase in interest rates over the last several years with […]

ECONOMY & POLICY January 12, 2024   Chief Economist Eugenio J. Alemán discusses current economic conditions. We have read plenty of analysis on what the Federal Reserve (Fed) should do as it decides when to start lowering interest rates this year. Much of the analysis is well-intentioned as well as based on very good arguments. […]

ECONOMY & POLICY January 08, 2024   Chief Economist Eugenio Alemán and Economist Giampiero Fuentes examine the factors which will contribute to the U.S. economy’s path forward in 2024. To read the full article, see the Investment Strategy Quarterly publication linked below. Key Takeaways: Inflationary pressures continued to push lower during the third and fourth quarter of […]