Economic Commentary
The Federal Reserve has a long way to go
ECONOMY & POLICY October 07, 2022 Chief Economist Eugenio J. Alemán discusses current economic conditions. We are in the camp that what the Federal Reserve (Fed) has done and is expected to do with interest rates until the end of this year will be enough to weaken economic activity so that the path for […]
What’s the Fed’s game plan for the months ahead?
MARKETS & INVESTING October 03, 2022 As billions of fans eagerly await the 2022 World Cup, CIO Larry Adam draws parallels between the globe’s most popular sport and the current investing environment. To read the full article, see the Investment Strategy Quarterly publication linked below. Like soccer fans following their favorite players, investors have […]
Currency: The Economy’s Shock Absorber
ECONOMY & POLICY September 30, 2022 Chief Economist Eugenio J. Alemán discusses current economic conditions. When a country decides on the characteristic of its exchange rate regime (or exchange rate policy), it is deciding on the variable that will be in charge of adjusting the impact of shocks. This includes unforeseen shocks (i.e., external […]
Weekly investment strategy
MARKETS & INVESTING September 23, 2022 Review the latest Weekly Headings by CIO Larry Adam. Key Takeaways Fed completes the third consecutive 0.75% rate hike Increased probability of a recession in 2023 Recession is not expected to be severe in nature Since the August Jackson Hole Symposium, the Fed has cautioned that the tightening […]