Business Investment
September 09, 2025
U.S. NFIB Small Business Optimism Index (August 2025)
Small business optimism improved modestly in August, extending the turnaround in the confidence measure that began back in April. Among the key developments in today's report is the fact that, alongside some normalization in inflation-related metrics, businesses have been feeling more upbeat about 'real sales' in the months ahead.
April 02, 2025
U.S. Liberation Day Binds The World To High Tariffs
The U.S. administration announced broad reciprocal tariffs today, targeting all trading partners, and not just the countries that run large trade surpluses with the U.S. The tariffs will be implemented under the International Emergency Economic Powers Act (IEEPA) of 1977.
January 06, 2025
Climate Policy in a 2nd Trump Term – What’s on the Chopping Block?
Climate policy is set to take a major U-turn under Donald Trump’s second term. The president-elect will likely prioritize rolling back regulatory powers and direct spending that expanded significantly under President Biden.
September 13, 2024
U.S. 2024 Election: Economic and Financial Implications
Elections matter for the economy, but financial markets are likely to be particularly attuned to the current election cycle given America’s unsustainable fiscal trajectory. The make-up of Congress will determine how much of the future President’s agenda can be implemented. A divided Congress will likely force the next President to make significant concessions relative to their current platform proposals.
