Economist (US Macro), RDQ Economics

Conrad DeQuadros

Economist (US Macro)

RDQ Economics

RDQ Economics provides global macroeconomic consulting services with an emphasis on U.S. economic fundamentals and monetary policy.  
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Our views are driven by consistent application of classical economic and monetary principles and has generated superior anticipation of changes in the stance of monetary policy and of movements in economic growth and inflation.
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The founders of RDQ Economics—John Ryding and Conrad DeQuadros—worked together on Wall Street for a decade, in the independent research space for nine years, and have experience in central banking at the Federal Reserve and the Bank of England.  John and Conrad have worked closely with fixed income, foreign exchange, and equity traders and portfolio managers, which has enabled their analysis and advice to be tailored to a clientele that is focused on trading and investment decisions.

Macroeconomics

<p>The New York Fed published its <a href="https://www.newyorkfed.org/microeconomics/hhdc" target="_blank">Quarterly Report on Household Debt and Credit</a> for the first quarter of 2017 last week, highlighting that “total household debt achieved a new peak.”  We note, however, that the ratio of U.S. household debt to personal disposable income stood at 88.4% in 2017 Q1, which is down from a peak of 116.0% in 2007 Q4.  Thus, despite similar total debt levels, U.S. households have significantly lower levels of leverage (in aggregate) than in the period leading up to the…</p>

The New York Fed published its Quarterly Report on Household Debt and Credit for the first quarter of 2017 last week, highlighting that “total household debt achieved a new peak.”  We note, however, that the ratio of U.S. household debt to personal disposable income stood at 88.4% in 2017 Q1, which is down from a peak of 116.0% in 2007 Q4.  Thus, despite similar total debt levels, U.S. households have significantly lower levels of leverage (in aggregate) than in the period leading up to the…

An Update on U.S. Household Debt