Research & Insights
May 01, 2023
Perspectives on the Economy and Markets with Ron Temple
Real GDP in the United States grew at a lethargic 1.1% annualized rate in the first quarter versus the expected 1.9% rate. Digging deeper, however, final sales to private domestic purchasers rose at a 2.9% annualized rate in the quarter versus a flat reading in the prior quarter.
Assessing Key Implications for the Banking Sector
Following the collapse and seizure of Silicon Valley Bank and the subsequent closure of Signature Bank in March 2023, a period of turmoil has gripped global markets. Analysts at Lazard Asset Management share their perspectives on the evolving situation.
Ronald Temple’s Perspective on the Markets: March 2023
Ronald Temple, Lazard’s Chief Market Strategist, puts the most recent economic data into context and identifies what he believes to be the most important macroeconomic forces shaping global markets right now.