Expect a contentious Fed meeting next week, with the central bank lowering its policy rate by 25 basis points. … READ MORE >
Joe Brusuelas
Consumer spending in September was flat with holiday season approaching
Recent consumer spending data shows that the condition of U.S. households down market is sour at best and weak at worst. … READ MORE >
Market Minute: Indian rupee depreciation
India’s rupee broke above a benchmark barrier of 90 rupees per dollar this week, continuing a 10-year weakening trend. … READ MORE >
Market Minute: Winter of discontent, real wages and affordability
In this winter of discontent, there is little in the near term that will provide much relief to households and firms that populate the lower spur of the K-shaped economy. … READ MORE >
Market Minute: Equity market downturn has likely run its course
Our preferred metric of equity market performance implies that the recent market downturn, led by artificial intelligence firms, has reached its end, or is about to. … READ MORE >
Market Minute: Rising expectations of a Fed rate cut
Investors are now pricing in the near certainty of a rate cut by the Federal Reserve at its meeting on Dec. 9-10. … READ MORE >
Market Minute: Financial conditions easing amid reassessment of risk
The RSM US Financial Conditions Index has drifted lower in recent weeks, with its subcomponents showing greater volatility and lackluster results. … READ MORE >
RSM Canada’s outlook for 2026: A struggle for growth amid trade tensions
We expect Canada to have another modest year of growth in 2026 amid ongoing trade tensions with the United States and a continuing oil glut that will dampen export prices. … READ MORE >
RSM’s U.S. outlook for 2026: An acceleration in growth
We expect economic growth to rebound to 2.2% in 2026, with the PCE inflation rate reaching 2.7% and the unemployment rate rising to 4.5%. … READ MORE >
Market Minute: Younger workers are doing just fine overall
The current unemployment rate of workers who are 20 to 24 years old stands at 8.6%, below the rate of recent economic expansions. … READ MORE >