Commentary
We provide insights on key macroeconomic trends — monetary policy, labor trends and interest rate trends — that inform our investment process.
The US economy has entered the final months of 2026 with momentum
October 6, 2026
Recent commentary
US Economy points to deceleration
While there is evidence the US economy has lost some momentum this summer, data we have seen point more to a recent deceleration in consumer outlays rather than a downturn in overall business activity.
The US economy remains impressively resilient
Despite a series of challenging policy-driven economic headwinds, highlighted by an immigration crackdown, higher tariffs and a war with Iran that has boosted oil prices and threatened global supply chains, the US economy remains impressively resilient.
The US economy remains surprisingly resilient
As we enter the second half of 2026, the US economy remains surprisingly resilient despite major geopolitical uncertainties and inflation risks.
The US economic expansion rolls on
Underpinned by a solid job market, favorable financial conditions and robust profits, the US economic expansion rolls on.
Recent economic data show the US economy remains resilient
Recent economic data show the US economy remains resilient
The longest government shutdown in history leads to weaker-than-expected economic expansion
Government shutdown leads to weaker-than-expected economic expansion.
