The Fed Is All Mixed Up
If the Federal Reserve were paying close attention to the money supply it would know that monetary policy is now […]
If the Federal Reserve were paying close attention to the money supply it would know that monetary policy is now […]
The Producer Price Index (PPI) declined 0.3% in May, coming in below the consensus expected -0.1%. Producer prices are up […]
The Consumer Price Index (CPI) rose 0.1% in May, matching consensus expectations. The CPI is up 4.0% from a year […]
The Federal Reserve will meet this week and announce its decisions on Wednesday. As of the close on Friday, the […]
The ISM Non-Manufacturing index declined to 50.3 in May, well below the consensus expected 52.4. (Levels above 50 signal expansion; […]
The trade deficit in goods and services came in at $74.6 billion in April, smaller than the consensus expected $75.8 […]
We have used the word “unprecedented” to talk about the economy during and after COVID. We have never before locked […]
Nonfarm payrolls increased 339,000 in May, easily beating the consensus expected 195,000. Payroll gains for March and April were revised […]
The stock market finished Friday on a high note, with the S&P 500 index just north of 4,200 for the […]
Personal income rose 0.4% in April (-0.3% including revisions to prior months), matching consensus expectations. Personal consumption rose 0.8% in […]
New orders for durable goods rose 1.1% in April (+1.6% including revisions to prior months), easily beating the consensus expected […]
