The Fed Waffles
The Federal Reserve raised short-term interest rates by another quarter point on Wednesday. That, by itself, was clear, with the […]
The Federal Reserve raised short-term interest rates by another quarter point on Wednesday. That, by itself, was clear, with the […]
New orders for durable goods declined 1.0% in February (-1.5% including revisions to prior months), lagging the consensus expectation of […]
New single-family home sales increased 1.1% in February to a 0.640 million annual rate, lagging the consensus expected 0.650 million. […]
The Fed raised short-term rates by another 25 basis points (bp) today and made no changes to the expected peak […]
Existing home sales increased 14.5% in February to a 4.580 million annual rate, easily beating the consensus expected 4.200 million. […]
The late great Supreme Court Justice Antonin Scalia was often in dissent in key legal cases during his long career. […]
Industrial production was unchanged in February (-0.4% including revisions to prior months), below the consensus expected gain of 0.2%. Utilities […]
Housing starts increased 9.8% in February to a 1.450 million annual rate, easily beating the consensus expected 1.310 million. Starts […]
Retail sales declined 0.4% in February (+0.1% including revisions to prior months), matching consensus expectations. Retail sales are up 5.4% […]
The Consumer Price Index (CPI) rose 0.4% in February, matching consensus expectations. The CPI is up 6.0% from a year […]
While many investors are focused on the financial troubles affecting Silicon Valley Bank (SVB) and whether those troubles will spread, […]
Nonfarm payrolls increased 311,000 in February, beating the consensus expected 225,000. Payroll gains for December and January were revised down […]
