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Economics analysis covering the globe.
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Updated Publications
Global Quarterly Economic Forecast
Stronger-than-expected growth momentum would have set the stage for 2025 growth upgrades in both the U.S. and Canada. However, in light of downside policy risks – notably U.S. tariffs – projected growth rates have been kept largely intact relative to September.
December 12, 2024
Latest Research
Economic Outlook Gets Trumped!
Starting points matter for a new administration. President Trump will be inheriting a strong economy that has been beating forecasts by a statistical mile! This works to the advantage of Republicans in 2025. Households have more cushion to absorb some economic pain from a tariff war compared to the economies of trading partners that are treading water.
December 05, 2024
Updated Publications
Questions? We've Got Answers: Addressing Issues Impacting the Economic and Financial Outlook
Investors must feel like 2024 has given them whiplash, as expectations for interest rates turn on a dime from one quarter to the next. The Trump trade is the latest catalyst, as the incoming administration's policies are perceived as inflationary, leading markets, and ourselves, to reduce the number of fed rate cuts expected. We have also downgraded growth for the U.S. economy next year but have leaned against incorporating the full scope of campaign promises.
November 27, 2024
Latest Research
Markets Brace For Higher Inflation and Interest Rates Under President Trump
As of 11 AM ET, Donald Trump has secured 277 of the 538 Electoral College votes, becoming the 47th president. While ballots are still being counted, President Trump also looks to have won the popular vote, which has not happened for a Republican president since George W. Bush in 2004.
November 06, 2024
Latest Research
From Laggard, to Leader, and Back Again: Germany’s Malaise
Germany’s economic growth has underperformed the broader euro area for its longest stretch since the collapse of communism in eastern Europe led to German reunification. The current malaise is also the result of a supply shock but different from the last period of underperformance. It is expected to be less lasting too, and fade in 2025.
September 25, 2024
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Updated Publications
Updated Publications
Global Quarterly Economic Forecast
December 12, 2024
Updated Publications
Questions? We've Got Answers: Addressing Issues Impacting the Economic and Financial Outlook
November 27, 2024
Updated Publications
Commodity Price Report: Stable Amidst Risks
May 16, 2024
Updated Publications
WATCH: U.S. Exceptionalism?
February 29, 2024
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Updated Publications
Global Quarterly Economic Forecast
December 12, 2024
Updated Publications
Questions? We've Got Answers: Addressing Issues Impacting the Economic and Financial Outlook
November 27, 2024
Updated Publications
Commodity Price Report: Stable Amidst Risks
May 16, 2024
Updated Publications
WATCH: U.S. Exceptionalism?
February 29, 2024
View more updated publications
Latest Research
Latest Research
Economic Outlook Gets Trumped!
December 05, 2024
Latest Research
Markets Brace For Higher Inflation and Interest Rates Under President Trump
November 06, 2024
Latest Research
From Laggard, to Leader, and Back Again: Germany’s Malaise
September 25, 2024
Latest Research
U.S. 2024 Election: Economic and Financial Implications
September 13, 2024
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Next
Latest Research
Economic Outlook Gets Trumped!
December 05, 2024
Latest Research
Markets Brace For Higher Inflation and Interest Rates Under President Trump
November 06, 2024
Latest Research
From Laggard, to Leader, and Back Again: Germany’s Malaise
September 25, 2024
Latest Research
U.S. 2024 Election: Economic and Financial Implications
September 13, 2024
View more latest research
Commentaries
Commentaries
China Stimulus Announcements (September 2024)
September 26, 2024
Commentaries
OPEC+ Extends Cuts and Plans for Production Increases
June 03, 2024
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Commentaries
China Stimulus Announcements (September 2024)
September 26, 2024
Commentaries
OPEC+ Extends Cuts and Plans for Production Increases
June 03, 2024
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