U.S. Recession Scorecard: Stuck with reduced visibility

The scorecard indicators remain mixed, including a shift in the yield curve indicator. The government shutdown has limited employment data, confirming a cautious investment approach is needed, as ongoing policy and trade shifts affect the economy. 

Fall 2025 Commentary - U.S. Recession Scorecard: Stuck with reduced visibility

Trade Deals, Deadlines and Delays 

Despite summer typically being more quiet, the headline-filled nature of 2025 has yet to show signs of slowing. A few notable developments have taken place recently, including the signing of a key piece of U.S. legislation and new tariff rates being proposed. We discuss below.

Summer 2025 Commentary - Trade Deals, Deadlines and Delays 

Mood Swings

 January 01, 2008 |Tony Pringle

The markets are an extension of human emotions and, as such, are prone to mood swings. Last spring, it seemed to me there was excessive optimism and speculation in the marketplace.

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