The rapid pace of business investment growth so far this year may be unsustainable, but there is little reason to fear anything worse than a modest slowdown any time soon. The near-term prospects for...

In the year since Donald Trump won the Presidential election, events outside of the US have had a bigger impact on the economy, but we doubt that will remain the case. We expect a deficit-financed...

The Fed’s latest Senior Loan Office Survey (SLOS) paints a mixed picture, with banks loosening lending standards on business loans and residential mortgages, but tightening standards on some types of...

The contrarian wisdom is that even if the aggregate debt-to-income ratio has fallen sharply in recent years, it masks financial stresses for those on low incomes, since most of the gains in income...