Economic Commentary

Markets & Investing December 01, 2025 A mid-month bout of volatility focused primarily on the AI tech giants gave way to a broader rally in November’s final days amidst renewed expectations the US Federal Reserve (Fed) will cut interest rates in the coming weeks. The late surge pushed the S&P 500 and Dow Jones Industrial […]

Economy & Policy November 21, 2025 Chief Economist Eugenio J. Alemán discusses current economic conditions. Although the September employment report surprised to the upside, the overall stance of the US labor market remains weak, something that was underscored by the third consecutive increase in the rate of unemployment, from 4.1% in June to 4.4% in […]

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 […]

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 […]