Economic Commentary

ECONOMY & POLICY March 03, 2023   Chief Economist Eugenio J. Alemán discusses current economic conditions. The Federal Reserve (Fed) and the markets have continued to go at each other to try to impose their view of what needs to happen with interest rates and their views seem to be highly divergent. We have already […]

ECONOMY & POLICY February 24, 2023   Chief Economist Eugenio J. Alemán discusses current economic conditions. The January 2023 personal income and expenditures report was another confirmation that the U.S. economy is far from slowing down, even as the Federal Reserve (Fed) continues to increase interest rates in order to try to push businesses to […]

ECONOMY & POLICY February 17, 2023   Chief Economist Eugenio J. Alemán discusses current economic conditions. The economic numbers that have been released so far this year seem to be pointing to a strong performance for the U.S. economy. We still don’t know if these results are a consequence of warmer temperatures during the month […]

MARKETS & INVESTING February 17, 2023   Review the latest Weekly Headings by CIO Larry Adam. Key Takeaways Wage growth would keep inflation from quickly easing Consumer strength defies the Fed’s intent to cool demand Growing probability that a recession could be avoided ‘Good news is bad news, and bad news is good news.’ Have […]