Rate Hikes Finally on the Way
The Federal Reserve’s policy statement from last week plus Jerome Powell’s post-meeting press conference made it abundantly clear it is […]
The Federal Reserve’s policy statement from last week plus Jerome Powell’s post-meeting press conference made it abundantly clear it is […]
Personal income rose 0.3% in December (+0.6% including revisions to prior months), coming in below the consensus expected +0.5%. Personal […]
New orders for durable goods declined 0.9% in December (+0.3% including revisions to prior months), versus a consensus expected decline […]
Real GDP grew at a 6.9% annual rate in Q4, beating the consensus expected 5.5%. The largest positive contributions to […]
The Fed stayed the course today, with no change in the Fed Funds rate, no adjustment to the pace of […]
New single-family home sales increased 11.9% in December to a 0.811 million annual rate, easily beating the consensus expected 0.760 […]
When fourth quarter GDP data is released later this week, it will show that 2021 finished on a high note. […]
Existing home sales declined 4.6% in December to a 6.180 million annual rate, lagging the consensus expected 6.420 million. Sales […]
Housing starts increased 1.4% in December to a 1.702 million annual rate, beating the consensus expected 1.650 million. Starts are […]
In 10 of the past 20 calendar years, at least one of the four major U.S. stock indices in the […]
View from the Observation Deck 1. We update this post every few months so that investors can see which of […]
Industrial production declined 0.1% in December, lagging the consensus expected gain of 0.2%. Utilities output fell 1.5% in December, while […]