Economic Commentary
Snapshot of the fixed income landscape
Markets & Investing November 17, 2025 Drew O’Neil discusses fixed income market conditions and offers insight for bond investors. As we inch towards the end of the year, many investors are digesting the ground we have covered so far this year while looking forward to 2026. For many investors, this analysis may warrant some sort […]
Window for December rate cut still open, but …
Economy & Policy November 14, 2025 Chief Economist Eugenio J. Alemán discusses current economic conditions. We were in the camp that the Federal Reserve (Fed) should have reduced interest rates during the first half of the year, taking advantage of the underlying disinflationary path during that period. Furthermore, we think the disinflationary path is still […]
A check on the health of US consumers
Economy & Policy November 07, 2025 Chief Economist Eugenio J. Alemán discusses current economic conditions. Together with the surge in investments brought about by the CHIPS and IRA acts, plus the recent surge in AI investment, US consumers continue to be the backbone of the US economy. When, and if, AI investment slows down or […]
Why so much pushback on a December rate cut?
Economy & Policy October 31, 2025 Chief Economist Eugenio J. Alemán discusses current economic conditions. Markets were taken by surprise by Federal Reserve (Fed) Chair Powell’s strong suggestion that a rate cut in December is not a certainty, as they were sure they were going to get one at December’s Federal Open Market Committee (FOMC) […]