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 

Debt, debt and more debt

 December 31, 2019 |Anthony Pringle

It is no secret that the western world has been overspending and living on borrowed money for some time, but with the artificially low interest rates engineered by central banks in the past 10 years, the debt binge has gone to dangerous levels.

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