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Analysis of evolving market themes.

We see a mid-cycle slowdown, but upside on the horizon

As the S&P 500 Index teetered on the verge of a bear market at year-end, we fielded numerous questions about the prospects for an impending recession.

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Trade war and rising rates create headwinds for global economy

The outlook for global economic growth is easing because of protectionist tariffs, weakness in emerging markets, and rising oil prices.

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Economic Update for January 14, 2019


  • The Federal Reserve reported that consumer credit increased at an annual rate of 6.75% in ...

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