Economic Commentary
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 […]
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 […]