
Construction Activity is Weak Despite Data Centers
In response to a recent post, several readers expressed their surprise that data center construction wasn’t creating more jobs. We understand the sentiment, given

In response to a recent post, several readers expressed their surprise that data center construction wasn’t creating more jobs. We understand the sentiment, given

The FOMC raised their policy rate by 25 bps today, by unanimous vote as we expected. Like Volcker, Greenspan, Bernanke, Yellen and Powell before

The Fed appears likely to hike rates at this week’s policy meeting. We think this is a mistake. The proximate catalyst was the August
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David G. Eichhorn, CFA
Chief Executive Officer and Head of Investment Strategies
NISA was named a 2025 Best Asset Manager for Institutional Investors in the United States by Crisil Coalition Greenwich, part of Crisil Ltd., a company of S&P Global, recognizing asset managers who stand out by delivering exceptional client service and helping institutional investors achieve their goals.
Crisil Coalition Greenwich named NISA a 2025 U.S. Institutional Best Asset Manager on Dec. 18, 2025 (formerly “Quality Leader”). NISA paid standard data and logo‑use fees. Rankings reflect aggregated participant feedback. See www.greenwich.com for methodology and previous rankings.
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