Media – Blog
September 16, 2025
Another Disappointing Employment Report The August jobs report was broadly disappointing, marking the second consecutive month of weaker-than-expected results: The BLS preliminary benchmark revisions (covering April 2024–March 2025) suggested total payrolls were overstated by 911,000 jobs, further highlighting labor market softness. At the same time, weekly jobless claims climbed to
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September 4, 2025
Powell Cracks the Door Open to a September Cut At the Jackson Hole Symposium on August 22nd, Fed Chair Jerome Powell signaled that the first rate cut of 2025 could be on the table at the September FOMC meeting, noting that “the shifting balance of risks may warrant adjusting our
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August 27, 2025
Key Takeaways: Tariffs Fade, But Risks Remain With trade war tensions easing, tariff uncertainty is beginning to fade. The U.S. economy has so far avoided recession, despite a slowdown in growth, while inflation remains close to the Federal Reserve’s 2% target. Stock markets are reaching new all-time highs and bond
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August 18, 2025
Fed Déjà Vu This August is starting to feel like déjà vu. In July 2024, a weak employment report was followed just weeks later by Fed Chair Powell’s Jackson Hole remarks, where he signaled that “the time has come for policy to adjust.” At the very next FOMC meeting in
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August 11, 2025
Key Takeaways: Over the past year, several major consumer goods companies have announced plans to divest underperforming business segments and refocus on streamlined portfolios with stronger growth potential. These announcements follow marked top-line deceleration from their post-pandemic heydays, where revenues benefited from large price increases at the expense of margin
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August 7, 2025
As we review the overall numbers for Q2 ’25, we see the continuation of a growing trend in both the technology and healthcare venture debt markets – stable deal value represented across fewer deals. Naturally this means average deal size is increasing, with some large outliers skewing the numbers even
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August 4, 2025
Powell Maintains a Hawkish Stance Amid FOMC Dissent Last week the FOMC, as expected, left the federal funds target range unchanged at 4.25%–4.50% for the fifth consecutive meeting. Notably, two Federal Reserve governors—Christopher Waller and Michelle Bowman—dissented, each favoring a 25 basis point cut. While regional Federal Reserve Bank Presidents
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July 17, 2025
Key takeaways: On June 26, 2025, the Federal Reserve proposed significant changes to the enhanced Supplementary Leverage Ratio (eSLR), loosening a key capital constraint that has long limited how large banks use their balance sheets. While this move could unlock billions of dollars in capital, improve treasury market liquidity, and
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July 16, 2025
The Labor Market is Holding Up For the fourth consecutive month, nonfarm payrolls exceeded expectations with June adding 147,000 jobs versus the projected 106,000. The trend of job growth remains solid and strong with average gains of 150,000 over the past 3 months, 130,000 over the past 6 months, and
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July 2, 2025
Stagflation Headlines Close Out Q2 Economic data released at the end of June showed signs of stagflation, which is likely prompting the Fed to maintain its current policy stance in the near term: Looking ahead, GDP growth is projected to rebound in the second quarter, with estimates currently at +2.1%.
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