Author: Nicholas Porter

39 posts written by Nicholas Porter

15Jul

July 2022 Update on the U.S. Economy

The U.S. economy is at an interesting crossroad: the labor market is showing continued strength despite weakening output, burgeoning inflation, and an increasingly hawkish Fed. The Astor Economic Index has taken the side of the naysayers, posting consecutive declines for the last 11 months. The index now lies somewhere in the below-average to weak range….

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11Jul

Is The Market Showing Signs of A Recession?

Astor’s CEO, Rob Stein, and CIO, John Eckstein, break down the latest employment report looking for signs of the recession everyone is talking about.

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1Jul

Is a recession coming?

Astor’s CIO, John Eckstein, and Research Associate, Nick Porter, discuss if a recession is on its way using the latest economic data.

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11Jun

Federal Reserve outlook given yesterday’s inflation numbers

Astor’s CIO, John Eckstein, and Research Associate, Nick Porter, discuss the Fed’s outlook after yesterday’s inflation numbers.

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8Jun

June 2022 Update on the U.S. Economy

The Astor Economic Index crossed the Rubicon (or perhaps just the Delaware) in May, ending the month just below the 0 line and at a level consistent with (barely) below average economic growth.  Note that the AEI is suggesting that the pace of growth in the US has slowed, but is not yet at a…

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1Jun

Is a recession likely?

Astor’s CIO, John Eckstein, and Research Associate, Nick Porter break down the latest economic data to help them decide whether or not a recession is likely to occur.

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15May

Stock Market Tantrums

Astor’s CEO, Rob Stein, and CIO, John Eckstein, discuss changes in labor market, updates on the Fed, and recent stock market tantrums.

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29Apr

Breaking down the latest GDP report and the outlook for the Fed in this week’s Astor Economic Week in Review

CIO, John Eckstein, and Research Partner, Nick Porter, dive deep into the latest GDP report and outlook for the Fed.

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18Apr

The Strength of the Economy at the start of Q2

CIO, John Eckstein, and Research Associate, Nick Porter, discuss Inflation, CPI, PPI Final Demand, and the Fed. AIM-4/18/22-OP560

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7Apr

April 2022 Update on the U.S. Economy

The Astor Economic Index continued its slide in March, consistent with our reading of a cooling but still strong economy. The domestic macroeconomic outlook is at an interesting crossroads, with persistent inflation, negative real wages, and high input costs on one hand, and very strong labor market dynamics, corporate earnings, and solid output growth on…

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5Apr

Employment Report Discussion

Discussion Topics: Overall Strength of Economy Jobs Report Fed Moves AIM-4/4/22-OP554

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21Mar

Latest Updates on the Fed and the U.S. Economy

Astor’s CIO, John Eckstein, and research partner, Nick Porter, discuss the latest Fed and U.S. Economy updates. AIM-3/21/22-OP553

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11Mar

March 2022 Update on the U.S. Economy

With the ebbing of the global pandemic, one may have hoped February would mark the beginning of business as usual and a return to focusing on supply chains and other macroeconomic fundamentals. Unfortunately, the war in Ukraine has added another exogenous shock to the system. We’ll delve into the U.S. economic situation below, and touch…

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8Mar

Insights into the latest unemployment report and the effect of the war in Ukraine on US inflation.

Astor’s CIO, John Eckstein, and Research Partner, Nick Porter, discuss the latest unemployment report and the effect of the war in Ukraine on US inflation.  AIM-3/7/22-OP549

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28Feb

Will the war in Ukraine derail the US economy? The Astor research team debate.

John Eckstein, CIO at AIM, and his research partner, Nick Porter, dive deep into how and if the Ukraine and Russian war will impact the US economy. AIM-2/28/22-OP545

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11Feb

The Latest on Inflation from the Astor Research Team

CIO, John Eckstein, and Research Partner, Nick Porter, discuss changes in the U.S economy and the latest updates on inflation. AIM-2/11/22-OP541

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11Feb

February 2022 Update on the U.S. Economy

January proved an exciting month for macroeconomic data, with some clarity gained on the near-term trajectory of the U.S. economy and the state of inflation. We’ll begin with the Astor Economic Index, which has begun to move down rather precipitously of late. Although the AEI’s movement over the past month might make for a concerning…

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8Feb

Was the latest payroll report as strong as it seems?

John Eckstein and Bryan Novak break down the latest payroll report.

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15Jan

January 2022 Update on the U.S. Economy

As usual, we’ll be looking at recent economic data this month, but we’ll also expand on some of the themes we’ve seen this year and look ahead to our base case for 2022. It’s worth noting that our portfolio decisions are made by the current state of the U.S. economy, rather than any forecast, but…

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