Still No Recession
To many investors, this week’s GDP report is more important than usual. The reason is that real GDP declined in […]
To many investors, this week’s GDP report is more important than usual. The reason is that real GDP declined in […]
Existing home sales declined 5.4% in June to a 5.120 million annual rate, below the consensus expected 5.350 million. Sales […]
Housing starts declined 2.0% in June to a 1.559 million annual rate, below the consensus expected 1.580 million. Starts are […]
If you follow the financial press, the conventional wisdom has come to the simple conclusion that the way to fight […]
Retail sales rose 1.0% in June (+1.1% including revisions to prior months) narrowly beating the consensus expected gain of 0.9%. […]
Industrial production declined 0.2% in June (-0.8% including revisions to prior months), below the consensus expected gain of 0.1%. Utilities […]
How many times have you heard that the US dollar will collapse because of Fed and fiscal policy? According to […]
The Producer Price Index (PPI) rose 1.1% in June, coming in above the consensus expected +0.8%. Producer prices are up […]
The Consumer Price Index (CPI) increased 1.3% in June, above the consensus expected +1.1%. The CPI is up 9.1% from […]
Some investors think the US is already in a recession. As we wrote two weeks ago and as recent data have confirmed, […]
Nonfarm payrolls increased 372,000 in June, beating the consensus expected 265,000. Payroll gains for April and May were revised down […]
The trade deficit in goods and services came in at $85.5 billion in May, slightly larger than the consensus expected […]
