Adolfo Laurenti

Recent Commentary

Economic growth in the second quarter was revised down from an already moderate level of 2.4% to a modest 1.6%.
 
The stress test of European banks, whose results were made public by European banking supervisors on Friday, appears to have partially succeeded.
 
The labor market suffered a setback in May when 125,000 jobs were lost nationwide. For the most part, the decline reflects a decrease of 225,000 temporary employees working on the U.S. Census.
 
The Federal Reserve is likely to continue to see the need to support an economy that is healing, but at a glacial pace.
 
It took just a few days for the concerted bailout of Greece to unravel under market pressure. The reason is two-fold...