Research

Washington Update

We’ve seen a robust recovery in demand since the trough of the COVID crisis. Here in the U.S., consumer spending now exceeds its pre-pandemic trend. Other developed markets are on a similar trajectory. However, that strong demand is running headlong into supply-side challenges.

Ukraine Update

We’ve seen a robust recovery in demand since the trough of the COVID crisis. Here in the U.S., consumer spending now exceeds its pre-pandemic trend. Other developed markets are on a similar trajectory. However, that strong demand is running headlong into supply-side challenges.

Healthcare Quarterly Q1 2022

We’ve seen a robust recovery in demand since the trough of the COVID crisis. Here in the U.S., consumer spending now exceeds its pre-pandemic trend. Other developed markets are on a similar trajectory. However, that strong demand is running headlong into supply-side challenges.

Asset Allocation | May 2022

No, it actually isn’t—“it” being the start of the recession that many have deemed inevitable. As we noted last month, Q1 2022 GDP was destined for weakness, at least under GDP accounting conventions, with inventories and net exports teaming up to, well, do a number on real GDP growth.

Asset Allocation | April 2022

With robust and broad-based job growth, an unemployment rate of 3.6%, ongoing expansion in the factory and services sectors, and record-high household net worth, it may seem as though there is little cause for concern over the U.S. economy.

Asset Allocation | March 2022

The human cost of the situation in Ukraine is immeasurable and, for most of us, unfathomable. While by no means trying to diminish the human cost, it is nonetheless our task to try and process the economic and financial implications, the main ones we touch on here.

June 2021 Insight – U.S. Legislative Agenda

Since the beginning of the COVID-19 crisis, Congress has provided for more
than $5 trillion in incremental spending and tax relief. That represents more
aid than we saw over the last five U.S. recessions combined. Moreover, recent
Biden administration proposals suggest we could see additional stimulus later
this year.

Healthcare Update | December 2020

The COVID-19 crisis was a one-two punch for the notfor-profit healthcare sector. Instability in capital
markets wreaked havoc on healthcare balance sheets,
particularly investment portfolios and overall liquidity.