- Compensation growth was steady.
- But faster benefit growth is not favorable for profits.
- Slower wage growth is employers' reaction.
Introducing
Jonathan Basile
in:Our Authors
Jonathan Basile is Street veteran of more than three decades with extensive experience analyzing the global macro environment from the perspectives of sell-side economist, sovereign analyst, and buy-side strategist. He joined Danielle DiMartino Booth at Quill Intelligence in June 2025 as Director of Research where he regularly taps his assets for the firm’s key products, Weekly Quill, Saturday Intelligence Briefing, and Daily Feather.
The prior 11 years were spent at AIG’s and Corebridge Financial’s Investment arms as Head of Global Macro Strategy where his macro and market knowledge were utilized by key stakeholders, like the CIO teams, portfolio managers and third-party clients. Before the Corebridge spin-off from AIG, he built the Global Macro desk from scratch to become an integral part of the active investment process. He streamlined investment practices by steering a centralized monthly global macro discussion allowing subsequent asset-class meetings to be focused on strategy. Jonathan’s tactical rate views were frequently employed by public credit portfolio managers and traders. His storytelling prowess was displayed in a colorful weekly rant whose internal distribution grew steadily and organically.
Jonathan’s past experience with the likes of Dr. Lacy Hunt, Christopher Low, Ian Shepherdson, Elliott Platt, Dr. Neal Soss, and Kathleen Stephansen (twice) prepared him for almost anything thrown his way from the economy and the markets. His years at HSBC, DLJ and Credit Suisse combined saw him cover the economies of the US, Canada, Japan and the UK. He has been recognized as a four-time winning team member of the Marketwatch US Forecaster of the Month and was ranked by Bloomberg as a top forecaster of the Canadian economy.
Jonathan is married with three children – one of which is a Red Sox fan in a Yankees household. You can find Jonathan running or biking on weekends or catching for his men’s baseball team during the spring and summer. He holds a BA in Economics from Princeton University.



