It now appears that GDP growth will slow to around 1.8% in the second quarter, but we should see a pick-up in the second half of this year. The slowdown is probably a delayed reaction to the tax hikes...

The Fed’s latest US Financial Accounts (formerly known as the Flow of Funds Accounts) highlight that in a few years’ time, US households will be well placed to contribute to a prolonged period of...

We do not place much weight on concerns that the recent rise in Treasury yields will snuff out the economic recovery or that it is the start of a sharp and sustained rise in yields similar to that...

The latest data from the New York Fed have reignited concerns about a possible bubble in student loans. But the growth of student loans has always been faster than the growth in other types of...