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July 14, 2025
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Economic Commentary – July 14, 2025

July doesn’t feel much like the summer doldrums yet. Tariff threats are flying, bilateral deals are being hammered out (we hope, albeit with minimal details), and economist Kevin Hassett is
July 7, 2025
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Economic Commentary – July 7, 2025

And just like that, it’s back to tariff turmoil. It would seem, however, that the shock of (saber-rattling?) threats to impose massive tariff increases by either July 9 — the
June 30, 2025
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Economic Commentary – June 30, 2025

Fireworks generally start well before Fourth of July in neighborhoods around the country. This curtailed week for market-moving data is no exception. The economic cherry bombs will be in the
June 23, 2025
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Economic Commentary – June 23, 2025

Any business looking for calm seemingly can’t catch a break. The Federal Reserve feels that pain, too. Just as inflation was on the verge of becoming a lesser concern, albeit
June 16, 2025
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Economic Commentary – June 16, 2025

One of the practical implications of an economy that is growing at 1% versus an economy growing at 2-2.5% is that a more slowly growing economy tips into negative territory far more readily, with attendant
June 9, 2025
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Economic Commentary – June 9, 2025

The growing contrast between business sentiment, largely expressed via interviews and industry reports, and “hard” macroeconomic data like employment prompts the immediate thought that “Something’s Gotta Give.” Further amplifying the
June 2, 2025
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Economic Commentary – June 2, 2025

Amidst all the confusion as to which US tariffs are in place, which are in deferment and which have never come into being — not to mention which retaliatory actions
May 27, 2025
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Economic Commentary – May 27, 2025

Congress is on Memorial Day holiday until June 3 (yes, they do get better benefits than most people!), although returning to their districts and (maybe) meeting with constituents may be
May 19, 2025
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Economic Commentary – May 19, 2025

Moody’s lowering of the US sovereign credit rating to Aa1 from Aaa was not entirely surprising; S&P cut its rating of the US as a borrower from its highest rating
May 12, 2025
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Economic Commentary – May 12, 2025

The economic news starts to get interesting on Tuesday, and will continue from there, kicked off by the Consumer Price Numbers for April. It will be a long wait for