Economic Newsletter – June 2022

Economic Newsletter_June 2022 Fading but still sturdy profits should sustain growth Although the coronavirus recession ended two years ago and the U.S. economy embarked on a remarkably strong recovery, many commentators are sounding alarms that a recession is just around the corner. While we are not in that camp – yet – it would be […]

Economic Newsletter – May 2022

BankRI _ May 2022 When Will Inflation Peak? It’s been a rough ride for investors as red ink has spilled profusely so far this year. The losses have been particularly acute in the bond market, which, ironically, is usually the refuge for investors seeking safety and stability when conditions get dicey. Not so this time. […]

Economic Newsletter – April 2022

Printable PDF Here Come The Rate Hikes The Russian invasion of Ukraine is primarily a human tragedy, but the global economic costs can’t be ignored – and they are piling up. It’s unclear how long the war will go on; the longer it persists, the greater the toll on world economies. As it is, the […]

Economic Newsletter – March 2022

Printable PDF Tumultuous Start To The Year With barely two months in the books, it is hard to remember another year that opened with as much drama as 2022. The swirl of events included the surge and rapid descent of the Omicron variant, spiraling inflation, heart-throbbing geopolitical tensions with Russia, a hawkish pivot by the […]

Economic Newsletter – February 2022

Printable PDF Economy Faces a Winter Chill  A winter economic soft patch has begun, as spiking Omicron cases exacerbate supply chain and labor market stress and fuel greater consumer and business caution. But while the virus continues to be in the driver’s seat of the recovery, the early 2022 economic cool down won’t result in a […]

Economic Newsletter – December 2021

A Christmas Wish: More Supply Please The clouds over the U.S. economy are dissipating as one of two key constraints on activity is fading. Thanks to an improving health situation amid ramped-up vaccination efforts, people are traveling again, going to concerts and engaging in a host of social activities that were crushed over the summer […]

Economic Newsletter – November 2021

Printable PDF It’s Not Stagflation, But It Sure Is “M.E.S.S.I” The U.S. economy is going through another rough patch, as supply shortages abound, workers are hard to find, and inflation is surging.  Legislators are at loggerheads over the two major pieces of legislation that the White House is struggling to pass – the $1trillion infrastructure […]

Economic News – August 2021

Printable PDF A Calmer but Durable Recovery Ahead  The economy is coming off the second strongest growth rate since 1978 in the just completed quarter, and the powerful post-pandemic reopening boost is still unfolding. But the rapid reopening has brought with it a host of problems, highlighting the fact that the road to normalcy is […]

Economic News – July 2021

Printable PDF  Don’t Fret, The Workers Will Come Back  Americans are as flexible as they are resilient, so it comes as no surprise that they are efficiently adapting to a post-pandemic world. For sure, the health crisis has not been entirely vanquished. Although more than 50 percent of the adult population has been fully inoculated, […]

Economic News – June 2021

Printable PDF  Focus On The Trend, Not The Noise  The economic environment is ripe for naïve and misguided narratives. Taken at face value, the latest reports on jobs, consumer prices and retail sales suggest that the U.S. is in the grips of a jobless recovery and a stalling economy that is weighed down by worrisome […]