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.
Articles from Robert Hughes
On the day the Federal Reserve is expected to raise the target for the federal funds rate for the second time this year, key economic reports have posted declines showing broad weakness. Retail sales and the Consumer Price Index fell 0.3 percent and 0.1 percent, respectively, suggesting that despite a strong labor market and monetary policy that is still extraordinarily supportive, neither economic growth nor consumer price increases are accelerating sharply.