Economic Commentary
Economic growth slowed down in Q3 but net exports saved the day
ECONOMY & POLICY October 28, 2022 Chief Economist Eugenio J. Alemán discusses current economic conditions. The U.S. economy is weak, as GDP numbers in both the second quarter and the third quarter have shown. The fundamental reason why the U.S. economy grew 2.6% during the third quarter of the year was because Net Exports, […]
As the housing market weakens… so does the economy?
ECONOMY & POLICY October 21, 2022 Chief Economist Eugenio J. Alemán discusses current economic conditions. With mortgage rates more than doubling from ~3% to over 7% today the difference in cost between buying a home twelve months ago compared to today is very big. Not only are existing home prices up 8.4% year-over-year, but […]
Businesses hoarding workers? Say what?
ECONOMY & POLICY October 14, 2022 Chief Economist Eugenio J. Alemán discusses current economic conditions. I am back from the annual NABE (National Association for Business Economics, www.nabe.com) conference in Chicago after spending three days listening to specialists in various sectors of the domestic and global economy talk about what they see today and what […]
Split Congress could be Goldilocks outcome for markets
ECONOMY & POLICY October 11, 2022 A divided government result from the U.S. midterm elections would reduce the risk of significant tax adjustments and outsized budget battles, explains Washington Policy Analyst Ed Mills. To read the full article, see the Investment Strategy Quarterly publication linked below. Key takeaways In the midterms, Democrats are battling […]