Turmoil in the banking industry will dominate the economic discussion this week, not only in the US. The immediate question/concern is whether the Federal Reserve will change its stance on proceeding with further interest rate increases in order to
Weekly Commentary
Robertson Stephens Weekly Commentary – March 6, 2023
The testimony before Congress this week by Fed Chairman Jerome Powell will shed critical light on the Fed's thinking as it approaches its next FOMC interest-rate setting meeting on March 21-22. While it is highly unlikely that he will be very
Robertson Stephens Weekly Commentary – February 27, 2023
Additional data this week is expected to confirm the ongoing strength of economic growth in the United States and the economic resilience of Europe in the face of rising interest rates and the disruptions of the war in Ukraine. Labor markets in both
Robertson Stephens Weekly Commentary – February 21, 2023
The US economy moves forward with inflationary pressures still apparent. Over the course of this week, we may find out a bit more about exactly how rapidly these pressures will abate in the coming months and what this may imply for the Federal
Robertson Stephens Weekly Commentary – February 13, 2023
US inflation and growth metrics will both be in the news this week, starting with the Consumer Price Index and Producer Price Index numbers for January and continuing with retail sales, industrial production and housing numbers, all for January as
Robertson Stephens Weekly Commentary – February 6, 2023
This is a quiet week on the economic front while the financial markets continue to digest Chairman Powell’s comments after last week’s FOMC meeting and the extremely robust employment numbers released on Friday. There is considerable discussion
Robertson Stephens Weekly Commentary – January 30, 2023
Germany and China start the week moving in opposite directions. China appears to indicate a notable increase in travel, tourism and consumer services associated with the Lunar New Year holiday, bolstering a variety of forecasts for a
Robertson Stephens Weekly Commentary – January 23, 2023
Later this week, the Bureau of Economic Analysis will release its first (of three) estimate of fourth quarter US GDP. The data leading up to this announcement has been relatively clear in signaling that the top-line growth rate is in the range of
Robertson Stephens Weekly Commentary – January 17, 2023
Global economic developments take the stage this week, with China having already grabbed the spotlight by announcing 2022 economic growth of 2.9% -- better than expected but well below the long-standing Chinese growth target of 6%. In addition to
Robertson Stephens Weekly Commentary – January 9, 2023
All eyes this week fall on the inflation numbers for December and how they will answer the many questions about the path forward for the Fed and the US economy. The week started with an important positive from the New York Fed, which reported a