Economics

Economic Commentary

6/30/2025 - Treasury Secretary Scott Bessent says (i) current tax proposal will reduce US Federal Deficit, in part because growth will exceed to the 1.8% annual growth under the CBOE model; (ii) US has the lowest interest sovereign 10-year; (iii) has no answer as to how 18 major trade deals will get finalized by July 9, 2025; (iv) possible tiddle-wave of US-backed stablecoins will drive demand for US treasuries.

6/23/2025 - Emily Lovell Chief Investment Officer for New Mexico Development Agency said that New Mexico has the second largest deployment of solar panels in the United States. Lovell notes that all trends indicate electricity demand is poised to grow and that solar is the quickest way to get additional capacity on the grid. Lovel

6/21/2025 - Liz Heart, Leasing Executive for Newmark, said that commercial leasing real estate is strong in major markets New York and San Francisco, which are both back to pre-pandemic demands. Noted that malls are at 90% occupancy, and retailers are focusing on shoppers’ experience. Heart says that overall market is adjusting to higher interest rates. Hear notes possible tariff driven demand shrink in west coat port cities, but likely positive offset of increased growth at inland western intermodal transporation centers like Phoenix.

6/18/2025 - Lennar, 2nd larges US homebuilder reported an 8.6% drop in sales, year over year. Lennar said that the average sales price was $389,00, down from $426,000 a year ago, and $409,000 last quester.

6/13/2025 - Schwab Executive Omar Aguilar said during a Bloomberg interview that the goods cost component of recent PPI was higher than the CPI, indicating companies were not passing costs onto consumers.

Want to print your doc?
This is not the way.

Try clicking the ⋯ next to your doc name or using a keyboard shortcut (

CtrlP

) instead.