Robert Hughes

Senior Research Faculty

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

4/24/20

Struggling Economy Sends Consumer Sentiment Tumbling Again in April

The unprecedented economic impact of the COVID-19 outbreak is distorting economic activity, crushing the labor market, and pummeling consumer sentiment.

4/23/20

Massive Job Losses Continue but The Pace Slows

The unprecedented economic impact of the COVID-19 outbreak continues to crush the labor market and distort economic activity.

4/16/20

Regional Fed Manufacturing Surveys Plunge Again in April

Regional Fed manufacturing surveys show a sharp drop in business conditions for local manufacturers in the northeast as severe economic disruptions continue.

Manufcturing

4/16/20

Massive Job Losses Continue for a Fourth Week

The unprecedented economic impact of the COVID-19 outbreak continues to crush the labor market and distort economic activity.

unemployment

4/15/20

Retail Sales Plunge in March

Retail sales were sharply lower in March and are likely to show significant weakness over the next several months.

Retail sales

4/14/20

Weekly Data Portend Weak Retail Sales

Retail sales are collapsing as a result of the COVID-19 outbreak. The U.S. entered a recession in March ending the record long expansion.

Redbook

4/13/20

April 2020 Business Conditions Monthly

Despite the continued modestly positive reading for the Leading Indicator index, the U.S. economy likely contracted in March, ending the longest U.S. economic expansion on record.

4/10/20

Everyday Price Index Falls Amid COVID-19 Outbreak

AIER’s Everyday Price Index fell 0.7 percent in March on a drop in motor fuel prices.

4/9/20

Consumer Sentiment Collapses Amid Massive Job Loss

The unprecedented economic impact of the COVID-19 outbreak is crushing the labor market and consumer sentiment.

4/8/20

Historic Drop in Small-Business Optimism As COVID-19 Spreads

Small-business confidence plunged in March as COVID-19 stifled expectations.

NFIB

Research Publications