Economic Commentary
Biden withdrawal announcement: Large market reaction unlikely
MARKETS & INVESTING July 22, 2024 Managing Director, Washington Policy Analyst Ed Mills and team look at the potential path forward for the Democratic party following President Biden’s decision to drop out of the 2024 race. While President Joseph Biden’s decision on July 21 not to seek reelection will reverberate through the Democratic party […]
Economic growth, inflation, expected to downshift in second half
ECONOMY & POLICY July 19, 2024 Chief Economist Eugenio J. Alemán discusses current economic conditions. As we start the second half of the year and as we approach next week’s release of the preliminary report on real GDP for the second quarter of the year, we continue to expect second-half economic growth as well […]
When it comes to U.S. electricity demand, chatbots matter more than cars
ECONOMY & POLICY July 15, 2024 Artificial intelligence is set to become a game changer for the electric power industry, notes Pavel Molchanov, Managing Director, Energy Analyst, Equity Research. To read the full article, see the Investment Strategy Quarterly publication linked below. Whether or not you enjoy sitting in front of a computer and […]
Good June CPI print raises bets for rate cuts
ECONOMY & POLICY July 12, 2024 Chief Economist Eugenio J. Alemán discusses current economic conditions. The Consumer Price Index (CPI) was much better than expected in June, printing the first deflationary month for the index since July 2022 when it was -0.01%. June’s CPI was down by 0.1%, which took the year-over-year rate to […]