The soon-to-be-finalised fiscal stimulus could prompt the Fed to tighten monetary policy slightly more aggressively next year, although the potential interactions between fiscal and monetary policies...

With both the House and Senate having passed their respective versions of the Tax Cuts and Jobs Act, it now seems reasonably certain that we will get a package of tax cuts in place by early next year...

Our forecast that the S&P 500 will do no better than trend sideways for the next year is based on our belief that, with the unemployment rate at a 17-year low, most of the gains in nominal GDP next...

The monetary aggregates reveal a divergence, with M2 growth slowing to a six-year low of 5.0% in October, while growth in our M3 measure accelerated to a two-and-a-half-year high of 6.1%. As short...