Uncertainty persists, but equities markets are expected to rise and unemployment to continue to fall January’s selloff appears to have been an overreaction. We believe economic and earnings growth should sustain the current bull market, despite tighter monetary policy. But earnings will take on greater…READ MORE
The US economy is on strong footing, but not without its challenges The U.S. economy has had a bumpy recovery with higher-than expected inflation but is still on strong footing as we enter 2022, and further progress on the pandemic at home and abroad will…READ MORE
Economic data remains solid, but COVID-19 remains a risk The global economic recovery is likely to continue in 2022, although we expect the low-hanging fruit of rebounding activity to give way to slower growth whether supply chain challenges ease or not. – Joseph Davis, Ph.D.,…READ MORE
Peak growth may be behind us, but markets may continue upward We believe the bulk of the restart-fueled earnings surge is behind us, and a moderation of earnings growth into next year is to be expected. The restart can only take place once. Yet companies…READ MORE
Still some complications while the economic restart continues to broaden As we enter the fourth quarter, Real GDP has now recovered to the output levels from the fourth quarter of 2019 and is on track to return to the 20-year trend growth that preceded the…READ MORE
