Economics

Economics
April 2026

Testing Resilience

OECD

Research

28 Pages

The OECD’s latest economic outlook incorporates the impact of the conflict in the Middle East on the global economy.

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Economics
December 2025

Work from Home and AI Trends

Nick Bloom

Research

26 Pages

Stanford's Nick Bloom shared an update on work from home and AI trends.

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Global Macroeconomics
December 2025

An Update to the Demographic Outlook, 2025 to 2055

Congressional Budget Office

Research

15 Pages

CBO projects that the U.S. population will increase from 350 million people in 2025 to 367 million people in 2055.

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Economics
November 2025

Jobless Growth

Goldman Sachs

Jan Hatzius, David Mericle, Pierfrancesco Mei

Research

15 Pages

Jan Haitzus’ team looks at the state of the labor market and considers the potential macro, monetary policy, and market implications of rapid technological progress.

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Global Macroeconomics
May 2025

The Path to 2075 – The Positive Story of Global Aging

Goldman Sachs

Jan Hatzius

Research

21 Pages

Goldman Sachs reframes global aging as an opportunity rather than a crisis, noting that longevity gains and healthier aging are extending effective working lives.

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Global Macroeconomics
April 2025

The Impact of Uncertainty on Investment, Hiring, and Consumer Spending

Goldman Sachs

Jan Hatzius

Research

17 Pages

Goldman Sachs Research analyzes the impact of heightened policy uncertainty on U.S. business investment, hiring, and consumer spending.

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Global Macroeconomics
April 2025

What’s Driving the Surge in U.S. Corporate Profits?

Federal Reserve Bank

Ricardo Marto

Research

7 Pages

The Federal Reserve Bank of St. Louis reports that U.S. corporate profits have reached near-record highs since the onset of the COVID-19 pandemic, both in nominal terms and as a share of national income.

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Global Macroeconomics
March 2025

Rising Toxicity and the Threat to Capitalism and Life Itself

GMO

Jeremy Grantham

Research

19 Pages

Jeremy Grantham warns that the unchecked spread of synthetic industrial chemicals—particularly endocrine disruptors—is a growing yet underrecognized risk to human health, biodiversity, and the future viability of modern economic systems.

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Global Macroeconomics
February 2025

Ferguson’s Law: Debt Service, Military Spending, and the Fiscal Limits of Power

Hoover Institution

Niall Ferguson

Research

34 Pages

Historian Niall Ferguson introduces a principle suggesting that a great power is at risk of decline when its debt servicing costs surpass its defense spending.

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Global Macroeconomics
February 2025

AI, demographics, and the U.S. economy

Vanguard

Joe Davis

Research

33 Pages

Vanguard examines the push and pull between artificial intelligence and demographic-driven deficits, exploring their impact on U.S. economic growth in the decade ahead.

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Global Macroeconomics
January 2025

Dependency and depopulation: Confronting the consequences of a new demographic reality

McKinsey & Company

Research

82 Pages

McKinsey explores the implications of a new demographic reality brought on by falling fertility and increasing longevity.

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Global Macroeconomics
January 2025

Did the U.S. Really Grow Out of Its World War II Debt?

IMF

Laurence Ball, Julien Acalin

Research

55 Pages

Last year, the IMF released a paper that analyzed the role of three factors to the U.S. public debt/GDP ratio from 106% in 1946 to 23% in 1974: primary budget surpluses, surprise inflation, and pegged interest rates before the Fed-Treasury Accord of 1951.

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Markets
December 2024

10 for 10: Themes for the Next Decade

Man Group

Henry Neville

Research

9 Pages

Man Group presents ten secular investment themes expected to shape markets over the coming decade, grounded in geopolitical shifts, structural economic changes, and technological disruption. 

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Global Macroeconomics
September 2024

Change Required: Immigration Reform is an Economic Necessity

Research Affiliates

Chris Brightman, Alex Pickard

Research

8 Pages

Research Affiliates explains why immigration reform is necessary for the future success of the U.S. economy, noting that immigration of skilled workers in short supply boosts growth of the labor force and enhances productivity.

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Markets
August 2024

Mind the Gap 2024

Morningstar

Jeffrey Ptak

Research

20 Pages

This report examines how investor behavior—specifically, the timing of purchases and redemptions—creates a persistent gap between fund returns and investor returns.

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Global Macroeconomics
June 2024

The roar is getting a little louder: Assessing the “Roaring ‘20s” outlook for the US economy

UBS

Jason Draho

Research

47 Pages

This report assesses whether the U.S. economy is entering a new macroeconomic regime similar to the 1990s “Roaring 20s.”

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Markets
May 2024

Improving investing outcomes by minimizing investor bias

Vanguard

Tom De Luca

Research

5 Pages

Vanguard explores how cognitive biases can impede investment decision-making and offers strategies to mitigate their impact.

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Global Macroeconomics
April 2024

Exploring the Implications of Sub-Saharan Africa’s Demographic Explosion

Bridgewater

Devon Long, Will Barnes, Eka Zhao

Research

9 Pages

This paper explores how sub-Saharan Africa’s rapidly expanding working-age population may shape the global economy over coming decades.

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Global Macroeconomics
December 2023

The Evolution of Work From Home

José María Barrero, Nicholas Bloom, Steven Davis

Research

28 Pages

The authors examine how work from home has evolved from a marginal practice to a central feature of modern labor markets.

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Global Macroeconomics
November 2022

History Lessons: How “Transitory” Is Inflation?

Research Affiliates

Rob Arnott, Omid Shakernia

Research

9 Pages

Research Affiliates challenges the idea that inflation reliably cools on a quick schedule once it spikes.

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Global Macroeconomics
October 2022

Aging, Deflation, and Secular Stagnation

Federal Reserve Bank

Anton Braun

Research

9 Pages

The Atlanta Fed’s Policy Hub digs into the effects of rapid population aging on inflation, real interest rates, and GDP growth, which may be causing deflationary pressures and secular stagnation.

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Global Macroeconomics
August 2022

Insights into the Inflation Print

Research Affiliates

Campbell Harvey

Research

10 Pages

Research Affiliates unpacks why a better looking monthly inflation number can hide stickier underlying pressures.

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Global Macroeconomics
April 2017

Narrative Economics

Robert Shiller

Research

43 Pages

Professor Shiller address considers the epidemiology of narratives relevant to economic fluctuations.

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