Latest Insights

The economy has improved significantly from the early stage of the pandemic, but GDP remains well below its pre-pandemic peak and unemployment remains elevated. In the near-term, we believe downside risks to the economy remain due to a resurgence of the virus and the ongoing stalemate in Congress over additional fiscal relief. Economic data is […]

While near-term headwinds from the pandemic and lack of additional fiscal relief continue to present downside risks to the recovery, we are increasingly optimistic about the economic outlook for next year. We continue to believe the trajectory of economic growth hinges on the course of the pandemic, the timing and amount of additional fiscal relief, […]