Principal Knowledge Center

The latest insights from our experts on attitudes, behaviors and trends that impact long-term financial security. Thought leaders from across the globe provide data analysis, research and perspective on the economy, investment management, retirement security and more. 

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World growth rebounded in 2016 and 2017 as the economy recovered from the commodity price collapse and the dollar’s surge. Global growth shifted down at the start of 2018. But, that may be coming to an end.

9 minute read

The Federal Reserve (Fed) started formally targeting inflation at 2% relatively recently (2012). Several of the inflation indicators that the Fed watch are now at or above that level. Does that mean that the Fed can say mission accomplished?

8 minute read

According to the National Bureau of Economic Research, the last U.S. recession started in December 2007 and ended in March 2009. Which means this expansion has lasted 106 months, making it one of the longest on record. But what if I told you that the United States was nearly in recession two years ago.

9 minute read

If Friday the 13th is as unlucky as legend implies, at least its occasion last week did not wreak havoc on international trade. Some potential trade pitfalls even seem to be lessening as further negotiations proceed. 

Friday’s payroll report from the Bureau of Labor Statistics was disappointing. Headline job gains were a measly 103,000; revisions to January and February payrolls lopped off another 50,000 jobs. For several reasons, we’re not worried.

9 minute read

The world economic expansion that began in early 2016 marched onward in the first quarter, but growth momentum came off the boil. Outside the United States, the energy that kept pushing signs of business activity and consumer confidence to new cycle highs for over a year has faded.

20 minute read