Economic Commentary
Final stretch before election day: Everything and nothing has changed
Economy & Policy October 09, 2024 Managing Director, Washington Policy Analyst Ed Mills notes that the reality is the 2024 Presidential Election is likely to come down to a small number of voters in key swing states. To read the full article, see the Investment Strategy Quarterly publication linked below. A series of unprecedented […]
September data seems to show economy rebounding
Economy & Policy October 04, 2024 Chief Economist Eugenio J. Alemán discusses current economic conditions. The recent fears regarding the state of the U.S. employment sector seemed to have disappeared completely this morning as markets are ‘recalibrating’ their view on the U.S. economy going forward. Not only are markets now agreeing with the Federal […]
Markets are having a sugar rush
Economy & Policy September 27, 2024 Chief Economist Eugenio J. Alemán discusses current economic conditions. After the first rate cut in two years went according to market expectations as the Federal Reserve (Fed) obliged and reduced the federal funds rate by 50 basis points (bps), markets have continued to run with the Fed’s ball […]
The Federal Reserve agreed with markets but tried to change the narrative
Economy & Policy September 20, 2024 Chief Economist Eugenio J. Alemán discusses current economic conditions. After more than six months of indicating that it lacked conviction regarding the path of inflation, the Federal Reserve (Fed) seems to have gotten a conviction boost so large that it pushed it to lower the federal funds rate […]