America Has a Labor Force Participation Problem

Published on August 27, 2026

U.S. labor force participation is declining due to an aging population, slowing immigration, and other factors. This could impact economic growth and earnings moving forward.

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Stock Market Tug of War: Earnings vs. Rates

August 27, 2026
Earnings have built a strong foundation. As we wrote earlier this month, earnings have provided a strong foundation for stocks this year. With second quarter earnings growth for the S&P 500 on track to exceed 30% (excluding private investment mark-ups) and analysts continuing to raise estimates, it's safe to say this season strengthened the fundamental case for equities.

What the New Section 338 Tariffs Mean for the U.S. and Canada

August 27, 2026
Trade talks between Canada and the U.S. fell apart on Saturday, resulting in the Section 338 tariffs on a subset of Canadian goods taking effect. In response, Canada has pledged to implement