Macroeconomic and Investment Research

Our Macroeconomic and Investment Research Team analyzes a wide range of economic data and market behavior to synthesize the implications for investors and the potential direction of policy and markets.


 

Macro Markets Podcast Episode 41: Quarterly Macro Themes for Q3 2023

U.S. Economist Matt Bush, Investment Strategist Maria Giraldo, Investment Strategist Chris Squillante, and Economist Jerry Cai join Macro Markets to discuss the latest Quarterly Macro Themes, which takes a deep dive into issues helping shape our baseline economic views.


August 11, 2022

The Inflation Moderation We Expected Should Continue

Lower July CPI inflation is likely the beginning of a trend.


June 30, 2022

Recession Signals Flashing Red

The latest data suggest that we may already be in a recession.


May 18, 2022

Fed Aggressiveness Following Delayed Liftoff Sets Up 2023 Collision

The risks of tightening into a downturn.


April 12, 2022

An Investor’s Guide to the Runup to Recession

Comparing pre-recession performance of multiple asset classes.


January 07, 2022

Strange Jobs Report Opens Door for March Rate Hike

Employment and inflation data raise the likelihood of Fed activity.


November 01, 2021

Yield Curve Flattening Carries a Warning About Looming Rate Hike Cycle

The long end of the yield curve has inverted for the first time since 2009.


March 11, 2021

The Best and Worst of Times

Pandemic deaths continue to mount, but vaccine deployment and massive policy support will lift growth in 2021.