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Results 1,051–1,100 of 1,471 found.

The Two Faces of the U.S. Labor Market
by Carl R. Tannenbaum, Asha Bangalore, Ankit Mital of Northern Trust, 11/5/16
The October employment report was another in a long line of positive readings. A net of 161,000 new positions were created in October, putting the year-to-date average at 181,000.

Trying to Avoid a Bad Trade
by Carl R. Tannenbaum, Asha Bangalore, Ankit Mital of Northern Trust, 10/28/16
In the present day, there are an increasing number of people around the world whose attitudes toward trade are darkening.

Global Economic Outlook - October 2016
by Carl Tannenbaum, Asha Bangalore, Brian Liebovich, Ankit Mital of Northern Trust, 10/27/16

At the three-quarter pole, the global economy is muddling through a disappointing 2016. Growth in developed and emerging markets continues, but at a pace that has fallen short of expectations.

Breaking Up Is Hard to Do
by Carl Tannenbaum, Asha Bangalore, Ankit Mital of Northern Trust, 10/21/16
The narrow victory for the Brexit camp last June led many analysts to predict the worst.

A Taxing Campaign
by Carl R. Tannenbaum, Asha Bangalore, Ankit Mital of Northern Trust, 10/15/16
Tax policy is one of the central issues that American voters will consider in making their choices on Election Day.

A Resilient Economy
by Carl Tannenbaum, Asha Bangalore of Northern Trust, 10/13/16

There were concerns throughout the summer that U.S. economic conditions had weakened. Based on incoming reports, though, the weight of economic evidence remains positive.

The Myths of Manufacturing
by Carl R. Tannenbaum, Asha Bangalore, Ankit Mital of Northern Trust, 10/7/16
2016 has not been the most robust of years for the global economy, but recent news on manufacturing has been upbeat.

U.S. Health Care Needs Major Surgery
by Carl R. Tannenbaum, Asha Bangalore, Ankit Mital of Northern Trust, 10/1/16
Covering the subject comprehensively would require far more space than we normally allot to our weekly musings. In the main, it seems clear that the system’s costs and benefits are dangerously misaligned.

Rulers and Rules
by Carl R. Tannenbaum, Asha Bangalore, Ankit Mital of Northern Trust, 9/24/16
Rules play an important role in an economy. Most regulations are designed, at least in theory, to facilitate the achievement of good overall outcomes. But some directives beget unintended consequences and others take on a life that goes far beyond their initial purpose.

A Hawkish Hold
by Carl Tannenbaum, Asha Bangalore of Northern Trust, 9/22/16
The Federal Open Market Committee (FOMC) ended the meeting today without a change to the policy rate. But they sent clear signals that a rate increase in December is a strong possibility.

Where's the Inflation?
by Carl R. Tannenbaum, Asha Bangalore, Ankit Mital of Northern Trust, 9/17/16
At its peak, the United States was experiencing 15% inflation, a level that is now seen as unconscionable even in emerging markets. The problem seemed intractable.

Focus on the Forest Not the Trees
by Carl R. Tannenbaum, Asha Bangalore of Northern Trust, 9/14/16
Doubts about the underlying momentum of the U.S. economy surfaced in the past few weeks. There are soft spots in the economy, but these are not enough to shake the positive fundamentals in place.

Beware of Larger for Longer
by Carl Tannenbaum, Asha Bangalore, Ankit Mital of Northern Trust, 9/12/16
Business cycles were disrupted by the chaos of 2008. To respond, central banks have extended themselves in an effort to reach a more settled equilibrium.

Emerging Markets in Improved Position
by Carl Tannenbaum of Northern Trust, 9/3/16
With the Fed getting closer to another interest rate increase, questions are being asked about the resilience of Emerging Markets, given the experience of three years ago.

Looking Past the Olympic Carnival
by Carl Tannenbaum, Asha Bangalore, Ankit Mital of Northern Trust, 8/28/16
Growing substantially from the first modern Olympics in 1896, which included just 34 events contested by 241 athletes from 14 countries, this year included 306 events and 11,303 competitors from 207 countries.

August Market Outlook Update
by Jim McDonald of Northern Trust, 8/19/16
Risk assets advanced further during the last month, amid a relatively quiet fundamental backdrop. A strong July U.S. payroll report, following an even stronger June reading, helped quell concerns over the pace of recovery in the world’s largest economy.

LIBOR: Checkered Past, Pressured Present
by Carl Tannenbaum of Northern Trust, 8/19/16
The London Interbank Offering Rate sounds like something the financial gentry might discuss in a back room at the Oxford and Cambridge Club.

Slow Summer Daze
by Carl Tannenbaum, Asha Bangalore of Northern Trust, 8/18/16
The subdued performance of the U.S. economy in the second quarter planted doubts about the underlying fundamentals. Is activity going through seasonal doldrums, or is something more fundamental at play?

Summer Reading: Bernanke’s Profile in Courage
by Courage Carl R. Tannenbaum and Asha Bangalore of Northern Trust, 8/12/16
At a lunch last month, a group of economists were attempting to understand the roots of the popular discontent that has marked this year’s U.S. presidential campaign. One of our number speculated that it began with the bank bailouts in 2008, which appeared to cushion Wall Street while Main Street slipped into a deep recession.

Global Economic Outlook - July 2016
by Carl Tannenbaum, Asha Bangalore, Victoria Marklew, Marshall Birkey, Ben Trinder, Brian Liebovich, Ankit Mital of Northern Trust, 8/3/16
In late June, the United Kingdom elected to initiate the process of leaving the European Union. In the immediate aftermath of the referendum, pessimists were predicting significant collateral damage to global markets and global economic growth.

Man vs. Debt
by Carl Tannenbaum of Northern Trust, 7/31/16
Whether for religious or cultural reasons, an aversion to indebtedness has deep roots in many parts of the world. And yet the ability for savers to lend their money to others and earn interest in return is at the core of modern financial systems.

The Perils of Populism
by Carl Tannenbaum of Northern Trust, 7/23/16
Populism is not new, and its current incarnation is certainly not its most extreme expression. Wikipedia describes populism as “a political position which holds that the virtuous citizens are being mistreated by a small circle of elites...the elites are depicted as trampling in illegitimate fashion upon the rights, values and voice of the people.”

The Helicopters Have Arrived
by Carl Tannenbaum of Northern Trust, 7/16/16
Japan was the darling of the global economy thirty years ago. Its industry was ascendant, its products were viewed as best-in-class, its banks occupied the top ten places on the global list and its management techniques were studied and emulated worldwide.

Will Brexit Be a Bother?
by Carl Tannenbaum, Asha Bangalore of Northern Trust, 7/12/16
Last week, the United States celebrated 240 years of independence from the United Kingdom. While relations after the separation were initially complicated, the two countries have grown to become close allies.

Brexit Has Created a Run on U.S. Treasuries
by Carl Tannenbaum, Asha Bangalore of Northern Trust, 7/11/16
The U.K. situation remains highly uncertain. Investors continue seeking the safety of government securities, but an increasing number of sovereign bonds around the world carry negative interest rates.

Separating the Signal from the Noise Around Brexit
by Carl Tannenbaum of Northern Trust, 7/3/16
Today, by contrast, we are overloaded with high-frequency communication. We have business networks, countless internet sites and social media all providing continuous news and opinion.

Reaction to the Brexit Vote
by Carl Tannenbaum of Northern Trust, 6/25/16
Some have described the Roman Empire as the first true European Union. Its modern-day successor now faces an existential challenge in the wake of The United Kingdom’s vote to take back some of its sovereignty.

Decision Day Nears for Britain
by Carl Tannenbaum of Northern Trust, 6/17/16
With the European Union (EU) referendum now less than a week away, it is difficult here in Britain to think about much else. Given market movements this week, it appears this is the case throughout much of the globe.

June Market Outlook Update
by Jim McDonald of Northern Trust, 6/15/16
It appears that, once again, the Federal Reserve’s hopes to raise interest rates are being stymied by the economy. Just last month the Fed’s minutes showed a predisposition to raise rates soon, and Chair Janet Yellen said it would probably raise rates “in coming months” should the data continue to meet expectations.

FOMC Preview: Resetting the Timeline
by Carl Tannenbaum, Asha Bangalore of Northern Trust, 6/12/16
Without doubt, last Friday’s U.S. unemployment report initiated some substantial reconsideration within the halls of the Federal Reserve, scarcely a week before a critical policy meeting.

Weighing the Positives and the Negatives
by Carl Tannenbaum, Asha Bangalore of Northern Trust, 6/9/16
Based on the data available, the second quarter appears to have started on strong footing after a soft performance in the first three months of the year.

Reflections from a Round-the-World Tour
by Carl Tannenbaum of Northern Trust, 6/4/16
How does a country achieve the benefits of association without ceding too much control? That seems to be a central question, from Washington to London to Hong Kong.

Compared With Other Countries, U.S. Health Care Looks Sick
by Carl Tannenbaum of Northern Trust, 5/27/16
Health care was a major campaign issue in the last four election cycles. It is too early in the game to determine whether health care becomes the defining issue this time around.

“Trade” Has Become a Four-Letter Word
by Carl Tannenbaum of Northern Trust, 5/21/16
For most of the past generation, trade was in the ascendance. The mantra, “Do what you do best and trade for the rest,” drove policy in most countries.

May Market Outlook Update
by Jim McDonald of Northern Trust, 5/20/16
Something’s gotta give. The global growth environment remains subpar — stable but at a disappointingly sluggish pace. Central bankers, where possible, continue to ease policy, but the financial market reaction is increasingly unpredictable. In this environment, the predominant theme this year has been a bounce back in the most beaten-down assets — including commodities and emerging markets.

Is Banking Going Back Into the Shadows?
by Carl Tannenbaum of Northern Trust, 5/13/16
Interest rates have been very low for a long time now. One of the stated intentions of the policy was to encourage investors to be somewhat less conservative, placing their capital in areas that would be more helpful to economic growth.

Better Times Ahead
by Carl Tannenbaum, Asha Bangalore of Northern Trust, 5/12/16
The U.S. economy went through a soft patch in the first quarter. Seasonal adjustment issues played a small role in tipping growth to the soft side. More importantly, a positive outlook for the rest of the year remains in place.

The Plaza Accord Cannot be Reincarnated
by Carl Tannenbaum of Northern Trust, 5/6/16
Thirty-one years ago, the finance ministers from Japan, France, West Germany, Britain and the United States met to synchronize economic policy in support of global objectives. The “Plaza Accord” set the stage for significant shifts in world markets.

The Plaza Accord Cannot be Reincarnated
by Carl Tannenbaum of Northern Trust, 5/1/16
Thirty-one years ago, the finance ministers from Japan, France, West Germany, Britain and the United States met to synchronize economic policy in support of global objectives. The “Plaza Accord” set the stage for significant shifts in world markets.

Global Economic Outlook - April 2016
by Carl Tannenbaum of Northern Trust, 4/27/16
If you had somehow fallen asleep last New Year’s Eve and awoken on March 31, you might not have realized that you’d slept through the first quarter. Economic prospects and market levels were little changed from point to point.

The Sorry State of the States
by Carl Tannenbaum of Northern Trust, 4/23/16
In a broader sense, though, we are all living through an ongoing fiscal nightmare. The budget news at the Federal level is troubling enough, as we discussed in February.

April Market Outlook Update
by Jim McDonald of Northern Trust, 4/21/16
The renewed appetite for risk assets continued during the last month, maintaining the strong rally after global equities registered a 20% decline from their highs on February 11. After triggering risk aversion in January, the news out of China is beginning to show some positive effects from their multi-pronged policy approach. The markets have also been supported by more realistic utterances from the Federal Reserve. Not only has the full committee reduced their expectations closer to the market, Fed Chair Janet Yellen has gained some ground in convincing investors that she's in control of policy making at the Fed.

The Pros and Cons of the “Gig Economy”
by Carl Tannenbaum of Northern Trust, 4/15/16
The “gig economy” is terribly difficult to measure. Claims about its size vary widely; the consensus is that employment of this kind remains very modest, but it appears to be growing rapidly.

Should Central Banks Call in the Helicopters?
by Carl Tannenbaum of Northern Trust, 4/9/16
For the past eight years, major central banks used unconventional monetary policies to promote economic growth and lift inflation. But success is incomplete on these fronts, and there is an active debate about whether forward guidance, negative interest rates and quantitative easing (QE) remain potent. It may be time for “helicopter money.”

Driving in the Slow Lane, for Now
by Carl Tannenbaum, Asha Bangalore of Northern Trust, 4/8/16
After a turbulent start, the first quarter ended on a calmer note. There were moments when the U.S. economy appeared to defy expectations, and there were moments when the outlook was not rosy. On net, forward momentum remains in place.

First Quarter Odds and Ends
by Carl Tannenbaum of Northern Trust, 4/2/16
Four months after terrorist attacks struck the streets of Paris, Europe was hit again, at its heart – Brussels. The sophistication of the attacks amid tightened security has once again raised questions around intelligence-sharing across Europe’s borders, and added fuel to the migration debate.

The Collision of Aspiration and Reality in India
by Carl Tannenbaum, Asha Bangalore of Northern Trust, 3/27/16
As China falters somewhat, India has become the world’s new economic darling. Hopes of residents and global investors are lofty, but reality suggests a cautiously optimistic stance.

The Economy and the Election
by Carl Tannenbaum of Northern Trust, 3/19/16
The number one question I have been asked during the first quarter is: what will the American election mean for the economy?

The ECB’s Race Against Time
by Carl Tannenbaum of Northern Trust, 3/14/16
Buffeted first by the Global Financial Crisis (GFC) and then by the sovereign debt crisis two years later, the eurozone has struggled to restore prosperity. Real gross domestic product (GDP) has still not recovered to the level recorded eight years ago, and growth has been uneven.

The Resilient Economy
by Carl Tannenbaum, Asha Bangalore of Northern Trust, 3/10/16
A Headwinds from China, market turbulence and soft economic reports cast doubt about the strength of U.S. economic fundamentals as 2016 began. But the most recent data provide evidence to the contrary.
Results 1,051–1,100 of 1,471 found.