Third Quarter 2024 Quarterly Macro Themes

Research spotlight on what’s next.

Quarterly Macro Themes, a quarterly publication by our Macroeconomic Research and Market Strategy Group, explores critical and timely areas of research and updates our baseline views on the economy.

The environment ahead favors higher quality fixed-income management.
The Fed needs to act quickly to prevent a more damaging labor market slowdown.
Reduced fiscal spending is likely to add to economic headwinds.
The decline in immigrant labor supply will likely weigh on growth.
Healthy profits should help the corporate sector weather a downturn.

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