Week of June 07, 2026 – Weekly Economic Commentary
US job growth in May was unexpectedly strong. Although the Federal Reserve says it continues to worry about the downside on US labor markets, it’s the upside on inflation commanding all the attention. More specifically, consumer inflation expectations are the concern. The impact of the Strait of Hormuz closure and global tariffs may be transitory (a now […]
Five Charts for the Week That Was: June 5, 2026
Chief Economist Jeanette Garretty provides 5 economic charts covering topics including employment, bond yields, and new car sales.
Week of May 31, 2026 – Weekly Economic Commentary
Confidence in the durability of US labor markets seems to be rising, despite the extreme anxiety in many quarters over the role of artificial intelligence. Recent speeches by Federal Reserve Board members and Federal Reserve Bank Presidents have indicated that the emerging role of AI is undeniable but its near term effect on both jobs and productivity […]
Week of May 24, 2026 – Weekly Economic Commentary
Have rising bond yields forced action on the Strait of Hormuz when rising consumer inflation rates couldn’t? If so, it wouldn’t be the first time that bond markets flexed their muscles, and it won’t be the last. Many observers believe that a moderation of the sweeping and sometimes nonsensical US tariffs announced on “Liberation Day” last April was attributable to an […]
Five Charts for the Week That Was: May 22, 2026
Chief Economist Jeanette Garretty provides 5 economic charts covering topics including bond yields, CPI, mortgage rates, and housing sales.
Beyond the Noise Podcast – Episode 2
Listen to Chief Economist Jeanette Garretty and Chief Investment Officer Stuart Katz as they analyze the economy and markets amidst current geopolitical tensions.
Week of May 17, 2026 – Weekly Economic Commentary
The world may not be awash in oil and gas right now, but there is a healthy supply of ministerial- level meetings discussing the oil and gas problem. Most of these meetings have concluded and will conclude that the situation with the Strait of Hormuz is awful . . . and that there is nothing […]
Week of May 10, 2026 – Weekly Economic Commentary
The healthy US job growth reported on May 8— not only the 115,000 net new jobs created but also the distribution of those jobs across a number of economic sectors — has had the effect of shining all the bright light on inflation trends and potential fiscal policy cures for rising prices. As has been previously mentioned, […]
Five Charts for the Week That Was: May 8, 2026
Chief Economist Jeanette Garretty provides 5 economic charts covering topics including US GDP, Federal Debt, US Consumer Credit Change, American net wealth, and labor force participation.
Week of May 03, 2026 – Weekly Economic Commentary
GDP growth and consumer inflation figures released last week for both the Euro Area and the United States effectively told a tale of two different economies — both at war but experiencing the conflict in dissimilar fashion. US economic growth seems quite solid (Jerome Powell’s words were “amazingly resilient”), with inflation once again a worrisome problem. European economic […]
FOMC Commentary – April 29, 2026
If a Federal Open Market Committee (FOMC) interest rate statement can be judged to be terse, it would be the one issued today (April 29) at the conclusion of meetings that were expected to be both highly interesting and boringly uneventful.
Five Charts for the Week That Was: April 24, 2026
Chief Economist Jeanette Garretty provides 5 economic charts covering topics including consumer sentiment, gas prices, retail sales, and real wage growth.