Blogs

There are often adjustment costs associated with changing policies. Laying off government workers puts upward pressure on unemployment, and imposing...

Since 2023, the likelihood of a recession has declined steadily. But in recent weeks, the probability of a recession over...

The Conference Board consumer confidence survey for February shows a big jump in the share of consumers who are worried...

The world has moved from globalization to segmentation. Specifically, we have gone from a world of globalization where goods were...

There is a long list of forces pushing inflation higher, including tariffs, rising wage growth, higher inflation expectations, easy fiscal...

Global equity investors are not only highly concentrated in tech stocks, they are also highly concentrated in US stocks, see...

Rates higher for longer continues to be a headwind to the outlook for CRE, see chart below. Source: Mortgage Bankers...

The incoming economic data remains strong. But we are starting to worry about the downside risks to the economy and...

Rising home prices and high mortgage rates have pushed the median age of homebuyers to a record-high 56 years old...

Total revenue raised from income taxes is currently around $3 trillion, and total imports into the US are also around...