Five Charts (and a Bonus) for the Week That Was: May 23, 2025
It was hard to ignore the turn the headlines took as Congress debated the 2026 tax and spending bill that is key to advancing President Trump’s economic agenda. With stunning
Five Charts For The Week That Was: May 9, 2025
At the press conference on May 7, following the FOMC’s announcement to hold interest rates steady, Fed Chairman Jerome Powell emphasized that the US economy is currently in good shape. FOMC Commentary – May 7, 2025
No surprises in the official announcement: The Fed leaves interest rates unchanged and stands ready to respond if economic conditions demand, which they do not yet. With employment growth still strong Five Charts For The Week That Was
The International Monetary Fund cut its outlook for global growth in 2025 to 2.8%, down from an earlier forecast of 3.3%. The reduction largely was driven by the 1.8% forecast for Ten Charts to Think About Instead of Taxes
It is estimated that 62% of US households own stocks, a percentage that has increased substantially over the last two decades. Nevertheless, real estate still represents the largest single component
Market Recap: April 3, 2025
Chief Economist Jeanette Garretty and Chief Investment Officer Stuart Katz discuss the recent tariffs announcement and its impact on markets. Markets reel as US tariffs stoke fear of ‘spiral of doom’ for growth
Chief Economist Jeanette Garretty was quoted in Reuters discussing the market reaction to the Trump Administration’s new tariffs. “People were talking earlier about whether clarity would boost the market,” said Garretty. Read Q1 2025 Economic Recap
By Jeanette Garretty, Chief Economist The Big Story: Consumer Confidence Craters The most unexpected and attention-grabbing development in the first quarter was the sharp decline in US consumer confidence in FOMC Interest Rate Announcement, Summary of Economic Projections (SEP) and Fed Chairman Powell Press Conference
By Jeanette Garretty, Chief Economist There were a few surprises in the Federal Open Market Committee Interest Rate decision this morning. The top line number – the Fed Funds target rate—was