Author: Scott Anderson

Reducing Downside Tail Risks for 2020

Scott Anderson
Chief Economist
Gray jigsaw puzzle pieces with a stray piece that has the British flag on it, with the EU logo underneath the puzzle.

For the first time since early 2018 when the U.S.-China Trade War came on the scene and early 2019 when Brexit deadlines came and went, we believe downside tail risks for the U.S. and global economy are measurably easing.

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A Positive Surprise From November Payrolls

Scott Anderson
Chief Economist

Nonfarm payroll growth accelerated to 266k jobs last month easily surpassing the consensus forecast looking for a 180k job gain.

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Why a Soft landing for the U.S. Economy Rings Hollow

Scott Anderson
Chief Economist

With U.S. stock prices near all-time highs, equity investors have already positioned themselves for a soft landing for the U.S. economy and an acceleration in earnings and economic growth next year.

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The Significant Other: Why Overlooking Women’s Economic Impact is Bad Business

Scott Anderson
Chief Economist

In August, the Business Roundtable said it was redefining the purpose of U.S. companies. The manifesto signed by 181 CEOs declared that corporations should do more than line shareholders’ pockets: they should also invest in their employees and protect the environment.
The statement was admirable and lofty, and as part of a company with best-in-class environmental policies, I was pleased with that news. That said, there’s a critical piece of sustainability missing from that charter.

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