Research on interest rates, liquidity, fiscal policy, trade and regulation when they materially affect corporate investment, financing conditions and industry economics. The emphasis is on transmission mechanisms rather than short-term market forecasts.
Market Explainers
Why Treasury Buybacks Can Calm the Market but Not Fix America’s Long-Rate Problem
The Federal Reserve controls the overnight policy rate, but the long end of the Treasury curve increasingly reflects fiscal supply, term premium…
Market Explainers
AI Is Early, but Not Macro-Independent: How Rates and Growth Reach the AI Stack
AI remains early in enterprise diffusion even as technical capability and infrastructure investment accelerate. That does not make the sector macro-independent: interest…