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Economic Trends & Insights

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Weekly Economic Commentary

Develop context about the global events and economic themes that are shaping our world – and learn what they could mean for our future.

Read Value-Added Taxes

Differing sales tax regimes can appear unfair. Ryan Boyle explains.

Read Which Came First: Inflation or the Egg?

Eggs add to perceptions of high inflation. Carl Tannenbaum explains.

Read Southeast Asia Tries To Preserve Trade

All Asian economies will feel the effects of trade conflict. Vaibhav Tandon explains.

Read Looking Back on the Tax Cuts and Jobs Act

The greatest benefits of TCJA were deep in its details. Ryan Boyle explains.

Read EU’s Competitiveness Compass: Aiming For True North

The Competitiveness Compass is a smart proposal but lacks substance. Vaibhav Tandon explains.

Read Seasonal Challenges With Economic Data

Seasonal adjustments have limitations Carl Tannenbaum explains.

Read China and the U.S. Trade…Tariffs

An escalation seems more likely than diffusion in the U.S.-China trade battle. Carl Tannenbaum explains.

Read A New Transatlantic Trade War Looms

Europe has real risks and real bargaining tools in a trade confrontation. Vaibhav Tandon explains.

Read The Return of Steel and Aluminum Tariffs

Europe has real risks and real bargaining tools in a trade confrontation. Ryan Boyle explains.

Read Twists and Turns of Tariffs

Tariff threats offer a glimpse of what is in store. Carl Tannenbaum and Ryan Boyle explain.

Read Elusive Government Efficiency

Special projects to reduce the government have been tried before. Ryan Boyle explains.

Read How Is China Dodging U.S. Tariffs?

The costs and revenue of U.S. tariffs are being blunted by evasion. Vaibhav Tandon explains.

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Our Economists

Carl R. Tannenbaum

Carl Tannenbaum is the Chief Economist for Northern Trust. In this role, he briefs clients and colleagues on the economy and business conditions, prepares the bank's official economic outlook and participates in forecast surveys. He is a member of Northern Trust's investment policy committee, its capital committee, and its asset/liability management committee.

Ryan James Boyle

Ryan James Boyle is the Chief U.S. Economist within the Global Risk Management division of Northern Trust. In this role, Ryan is responsible for briefing clients and partners on the economy and business conditions, supporting internal stress testing and capital allocation processes, and publishing economic commentaries.

Vaibhav Tandon

Vaibhav Tandon is the Chief International Economist within the Global Risk Management division of Northern Trust. In this role, Vaibhav briefs clients and colleagues on the economy and business conditions, supports internal stress testing and capital allocation processes, and publishes the bank's formal economic viewpoint. He publishes weekly economic commentaries and monthly global outlooks.

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