Economic Commentary
Debt ceiling: Common sense prevailed
ECONOMY & POLICY June 02, 2023 Chief Economist Eugenio J. Alemán discusses current economic conditions. Late on Thursday night, the U.S. Senate followed the House of Representatives in passing the deal brokered by the Biden administration and the Speaker of the House, Kevin McCarthy, and it will now go to the desk of the […]
Debt ceiling deal moves closer to the finish line
ECONOMY & POLICY May 30, 2023 With a debt ceiling agreement reached in principle, CIO Larry Adam looks at how this development – pending passage through the House and Senate – impacts his team’s respective market and economic views. To read the full article, see the Thoughts on the Market publication linked below. After weeks […]
The resilience of the U.S. economy: It’s all about employment, and the consumer
ECONOMY & POLICY May 26, 2023 Chief Economist Eugenio J. Alemán discusses current economic conditions. As markets and investors are waiting to hear the good news of a potential resolution to the debt ceiling issue, the U.S. economy has continued to plow ahead. The economy has paid little attention to the stress in financial […]
Real money supply and the real price of petroleum, examined
ECONOMY & POLICY May 19, 2023 Chief Economist Eugenio J. Alemán discusses current economic conditions. The phrase “The dogs are barking Sancho, a sign that we are moving forward!” is used in Spanish to convey that if there is a lot of noise, it is because what we are doing is effective, and someone […]