Economic Commentary
3 things to remember in manic markets
MARKETS & INVESTING June 13, 2022 The fall from bull to bear market has been fast and frustrating but here are three dynamics to watch, says Raymond James Chief Investment Officer Larry Adam. Sadly, what was once the strongest bull market on record—a more than doubling of the S&P 500 from the March 2020 […]
Employment and the risks of recession
ECONOMY & POLICY June 03, 2022 Chief Economist Eugenio J. Alemán discusses current economic conditions. We remain in the camp that the Federal Reserve (Fed) will be able to engineer a soft landing and will spare the economy from a recession. However, the strength of May’s employment report did not help our position. Total […]
The Fed Still Has a Tough Road Ahead
ECONOMY & POLICY May 27, 2022 Chief Economist Eugenio J. Alemán discusses current economic conditions. Data released this week and last tend to confirm our suspicions that the housing market has peaked, and is going to continue to slow down. The Federal Reserve (Fed) campaign to increase interest rates to slow down economic activity […]
The Fed and the housing market
ECONOMY & POLICY May 20, 2022 Chief Economist Eugenio J. Alemán discusses current economic conditions. The Federal Reserve Bank (Fed), the central bank of the United States, has a difficult task ahead. The most important objectives of the Fed are: “maximum employment, stable prices, and moderate long-term interest rates in the United States.” In […]