Economic Commentary
Making the most of Medicare’s open enrollment period
RETIREMENT & LONGEVITY Ask yourself a few questions to make sure you’re getting the most from Medicare. Mark your calendar for Medicare’s open enrollment season: between Oct. 15 and Dec. 7, you are able to make changes to your Medicare Advantage plan and prescription drug coverage. During this time, you can change from Original […]
Federal Reserve Bank of New York household debt and credit quarterly
ECONOMY & POLICY November 18, 2022 Chief Economist Eugenio J. Alemán discusses current economic conditions. The Federal Reserve Bank of New York released it Household Debt and Credit quarterly report last week and showed an increase in household debt levels. According to the report, household debt balances increased $351 billion during the third quarter […]
October CPI inflation and the market reaction: Caution is in order
ECONOMY & POLICY November 11, 2022 Chief Economist Eugenio J. Alemán discusses current economic conditions. The market’s reaction to a better-than-expected inflation reading for October should not be a surprise, although the magnitude of the reaction looks a bit exaggerated. In our Weekly Economics of September 23, 2022, just after the September decision by […]
One for the Bulls (Doves), two for the Bears (Hawks)
ECONOMY & POLICY November 04, 2022 Chief Economist Eugenio J. Alemán discusses current economic conditions. What has happened to the Federal Reserve’s (Fed) transparency? For us, the Fed’s press release after the Federal Open Market Committee (FOMC) meeting on November 2, 2022, was a welcome and positive spin on how the Fed is looking […]