Market Updates

Markets & Investing September 17, 2025 Labor concerns and persistent inflation have the Fed penciling in up to two additional cuts by the end of 2025. Amid a softening labor market and rising inflation, the Federal Reserve (Fed) elected to lower interest rates by a quarter of a percent at the conclusion of the September […]

Economy & Policy August 22, 2025 Chief Economist Eugenio J. Alemán discusses current economic conditions. We have been outspoken on the need to cut interest rates sooner rather than later to prevent a recession, as we considered rates too restrictive for the slowing rate of growth of the economy at a time when inflation remained […]

Economy & Policy August 08, 2025 Chief Economist Eugenio J. Alemán discusses current economic conditions. Most economists, including us, were wrong about the ‘ensuing’ recession back in 2022 and 2023 as the US Federal Reserve (Fed) increased interest rates to fight higher inflation. Typically, very high interest rates push real investment lower, especially real investment […]

Markets & Investing February 03, 2025 Raymond James CIO Larry Adam looks at how the proposed tariffs may impact the economy and financial markets. To view the full article in PDF format, see the Thoughts on the Market publication linked below. The United States proposed sweeping tariffs on imports from America’s top three trading partners […]