Instant Analysis: Fed cuts rates and leaves door open for more easing
Chief Economist
The early end of the balance sheet reduction is consistent with the rate cut action today, signaling the Fed monetary policy tightening cycle may be at an end.
Read More ›U.S. Outlook: Q2 GDP data show slowdown developing
Chief Economist
The devil is in the details of the second-quarter GDP data. We are taking our cue for the economic and interest rate outlook from the darkening business environment.
Read More ›Investment Insights: An expected earnings surprise
Investment Strategy
Financial markets seem to be holding steady and waiting for the next big news headline as stocks continue to fluctuate at heightened levels.Over the past few weeks, the S&P 500 has ebbed and flowed around its new, record-high 3,000 level, while bond yields have crept lower and lower.
Read More ›U.S. Outlook: A Fed rate cut is still needed
Chief Economist
Despite positive readings on some major U.S. economic indicators in June and July, red flags surrounding future growth continue to appear.
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