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Results 1,051–1,100 of 1,491 found.

The Fed’s Rationale for Raising Rates
by Carl R. Tannenbaum, Asha Bangalore, Ankit Mital of Northern Trust, 3/10/17
As recently as a week and a half ago, we were comfortable with our prediction that the Federal Reserve would wait until the middle of the year to take the next step in normalizing U.S. monetary policy.

The World Can’t Afford to Retire
by Carl R. Tannenbaum, Asha Bangalore, Ankit Mital of Northern Trust, 3/3/17
Today, with populations aging, the challenge of fulfilling retirement expectations is an immensely expensive problem.

If You Build It, Will They Come?
by Carl R. Tannenbaum, Asha Bangalore, Ankit Mital of Northern Trust, 2/24/17

Today, it seems as if there is a mysterious voice speaking to politicians all over the world, urging them to build.

Policy Uncertainty Looms Large
by Carl Tannenbaum, Asha Bangalore of Northern Trust, 2/15/17
Despite a great deal of news volatility, the U.S. economic landscape is satisfactorily stable. Growth continues, and inflation is not overly threatening.

An Economic Look at Deregulation
by Carl R. Tannenbaum, Asha Bangalore, Ankit Mital of Northern Trust, 2/11/17
Once entrenched, bureaucracies can be difficult to unearth. In rare instances where restrictions have been relaxed, others have arisen to take their place.

NAFTA’s Complicated Legacy
by Carl R. Tannenbaum, Asha Bangalore, Ankit Mital of Northern Trust, 2/4/17
A huge fraction of U.S. imports and exports travel immediately north and south. Geography is certainly a contributing factor, and the benefits of proximity have been accentuated by the implementation of NAFTA in 1994.

Fuzzy Math on Fiscal Policy
by Carl R. Tannenbaum, Asha Bangalore, Ankit Mital of Northern Trust, 1/27/17
Economic trends and economic policies, which are difficult to evaluate, drive revenues and expenses. Past patterns may not be a good guide to future performance, and there are countless interdependencies among variables.

Cash to Chips, Bricks to Clicks
by Carl R. Tannenbaum, Asha Bangalore, Ankit Mital of Northern Trust, 1/20/17
Consumption is the largest share of gross domestic product in all of the world’s developed markets, and consumption by developed markets provides export opportunities for emerging markets.

Playing Chess With China
by Carl R. Tannenbaum, Asha Bangalore, Ankit Mital of Northern Trust, 1/13/17
China suffered the twin indignities of a currency correction and an equity correction on the first trading day of last year. Fortunately, order was restored and investor attention turned to other global developments.

Positive Backdrop for Growth in 2017
by Carl Tannenbaum, Asha Bangalore of Northern Trust, 1/12/17

The economic setting within the United States as the new year commences is largely constructive. Data received in the latter weeks of 2016 were encouraging, and there seems to be an improving economic sentiment.

Global Economic Outlook - January 2017
by Carl R. Tannenbaum, Asha Bangalore, Ankit Mital of Northern Trust, 1/6/17
The incoming U.S. administration and Congress have mapped out some ambitious plans for steering the economy. New governments in several other key countries will be taking their seats and making their marks this year.

U.S. Job Report: The Wage Bill Comes Due
by Carl R. Tannenbaum, Asha Bangalore, Ankit Mital of Northern Trust, 1/6/17

The first significant U.S. economic release of the new year was a solid one. The U.S. Department of Labor reported this morning that 156,000 new jobs had been created in December.

Highlights of the Year
by Carl R. Tannenbaum, Asha Bangalore, Ankit Mital of Northern Trust, 12/17/16
A main lesson to be learned from this year’s events is that we must pay attention to the texture of economic performance.

FOMC Preview: Getting Ready for the New Regime
by Carl Tannenbaum, Asha Bangalore, Ankit Mital of Northern Trust, 12/15/16

As the Federal Reserve prepares for its final monetary policy gathering of 2016, it will look back on a year of inactivity and look forward to a year that could very well be an active one.

FOMC Preview: Getting Ready for the New Regime
by Carl R. Tannenbaum, Asha Bangalore, Ankit Mital of Northern Trust, 12/10/16
As the Federal Reserve prepares for its final monetary policy gathering of 2016, it will look back on a year of inactivity and look forward to a year that could very well be an active one.

Decision Day for Italy
by Carl R. Tannenbaum, Asha Bangalore, Ankit Mital of Northern Trust, 12/2/16
The referendum will have critical implications for Italy, of course, as its government could collapse next week. But it is also a warm up for Dutch, French and German elections next year.

The View From Far Away
by Carl Tannenbaum, Asha Bangalore, Ankit Mital of Northern Trust, 11/23/16
Encounters with local residents provide a rich window into the soul of a place as well as a perspective on ourselves that we might not get at home.

The Bond Market’s Ballot
by Carl Tannenbaum, Asha Bangalore, Ankit Mital of Northern Trust, 11/19/16

The U.S. bond market has retreated since the election. Long-term yields have risen by almost 40 basis points. It appears that the 30-year-old bull market in bonds is really over.

Election Outcome Promises Change
by Carl Tannenbaum, Asha Bangalore of Northern Trust, 11/16/16

Needless to say, the surprise victory of Donald Trump in the U.S. presidential election has changed the economic outlook on many fronts.

An Economic Analysis of the U.S. Election
by Carl R. Tannenbaum, Asha Bangalore and Ankit Mital of Northern Trust, 11/10/16

A mistake many in my profession have made in the past year has been underestimating the difference between overall economic performance and its translation to the fortunes of constituents. This was at the heart of the Brexit vote last June and was the driving force behind yesterday’s U.S. outcome.

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.
Results 1,051–1,100 of 1,491 found.