Our Research

What Goes Up Must Come Down … At Least Part of the Way

The U.S. economy is a) shifting into a faster rate of growth; b) gently easing into a soft landing; or c) on the road to recession

While it may be true that, as Neil deGrasse Tyson says, the universe is under no obligation to make sense to you, would it be too much to ask for the economic data to do so?

The general theme of our May economic commentary was that decidedly mixed messages in the economic data were making it difficult to pin down where the U.S. economy is, let alone forecast where it is going.

This just in: The U.S. economy is slowing and the demand for labor is cooling. While we do not find either to be at all surprising, many analysts and many market participants are in full Captain Renault mode, shocked to learn that an economy that recently seemed so strong suddenly seems to be teetering toward…