Robert Hughes
Senior Research Faculty
Robert Hughes joined AIER in 2013 following more than 25 years in economic and financial markets research on Wall Street. Bob was formerly the head of Global Equity Strategy for Brown Brothers Harriman, where he developed equity investment strategy combining top-down macro analysis with bottom-up fundamentals. Prior to BBH, Bob was a Senior Equity Strategist for State Street Global Markets, Senior Economic Strategist with Prudential Equity Group and Senior Economist and Financial Markets Analyst for Citicorp Investment Services. Bob has a MA in economics from Fordham University and a BS in business from Lehigh University.
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Why Large, Small Caps Perform Differently
U.S. equity markets have rebounded sharply since mid-February but the performance gap between large caps and small caps is significant.
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An Economy, Growing But Vulnerable
The economic outlook is modestly upbeat, but rife with risks. As we approach the seventh anniversary of the end of the worst recession since the Great Depression, the economy has made substantial progress. There are reasons to believe that later this year businesses could feel more confidence in hiring and making other investments. But obstacles…
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Corporate Earnings Challenged By Slow Growth
With fourth quarter corporate earnings reports nearly complete, and the beginning of first quarter 2016 earnings reports less than a month away, a final look at the tally suggests corporate earning power remains challenged by slow growth.
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•
Positive Signs For the Economy, in Two Charts
With the backdrop of mixed economic signals in recent weeks, two reports this week suggest some good news for U.S. consumers.
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•
Consumer Credit, a Double-Edged Sword
Consumers continued to add debt to their balance sheets in January, according to data released by the Federal Reserve on Monday.
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•
America’s Savings Problem, In One Chart
When it comes to personal savings, Americans are doing better than many people think. But there’s still a lot of room for improvement, especially when you look at it in a historical context.
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•
A Double Boost: Rising Wages, Slow Price Increases
Wages – average hourly earnings – rose a decent 0.3 percent in January for production and nonsupervisory workers, and an even more impressive 0.5 percent for all workers. Both are up 2.5 percent from a year ago, about as strong a gain as we’ve seen in the current expansion, but well below the peak rates…
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•
What Could Push the Economy to the Tipping Point
Although the economy and the stock market are very different entities, they can and do intersect. Their health rely on some of the same fundamentals. Short-term stock market fluctuations, including the recent double-digit percentage plunge, are difficult to fully explain and even more difficult to predict. However, over time, equity markets tend to be driven…
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•
A Strong Employment Report
A strong December payroll gain plus upward revisions to November and October suggest the economy is entering 2016 with good momentum.
-
•
Why Large, Small Caps Perform Differently
U.S. equity markets have rebounded sharply since mid-February but the performance gap between large caps and small caps is significant.
-
•
An Economy, Growing But Vulnerable
The economic outlook is modestly upbeat, but rife with risks. As we approach the seventh anniversary of the end of the worst recession since the Great Depression, the economy has made substantial progress. There are reasons to believe that later this year businesses could feel more confidence in hiring and making other investments. But obstacles…
-
•
Corporate Earnings Challenged By Slow Growth
With fourth quarter corporate earnings reports nearly complete, and the beginning of first quarter 2016 earnings reports less than a month away, a final look at the tally suggests corporate earning power remains challenged by slow growth.
-
•
Positive Signs For the Economy, in Two Charts
With the backdrop of mixed economic signals in recent weeks, two reports this week suggest some good news for U.S. consumers.
-
•
Consumer Credit, a Double-Edged Sword
Consumers continued to add debt to their balance sheets in January, according to data released by the Federal Reserve on Monday.
-
•
America’s Savings Problem, In One Chart
When it comes to personal savings, Americans are doing better than many people think. But there’s still a lot of room for improvement, especially when you look at it in a historical context.
-
•
A Double Boost: Rising Wages, Slow Price Increases
Wages – average hourly earnings – rose a decent 0.3 percent in January for production and nonsupervisory workers, and an even more impressive 0.5 percent for all workers. Both are up 2.5 percent from a year ago, about as strong a gain as we’ve seen in the current expansion, but well below the peak rates…
-
•
What Could Push the Economy to the Tipping Point
Although the economy and the stock market are very different entities, they can and do intersect. Their health rely on some of the same fundamentals. Short-term stock market fluctuations, including the recent double-digit percentage plunge, are difficult to fully explain and even more difficult to predict. However, over time, equity markets tend to be driven…
-
•
A Strong Employment Report
A strong December payroll gain plus upward revisions to November and October suggest the economy is entering 2016 with good momentum.