Here are 7 lessons on The Energy of Money: Lesson 1: Money is an energy, not just a resource. Money […]
The ISM Non-Manufacturing index declined to 49.4 in April, well below the consensus expected 52.0. (Levels above 50 signal expansion; […]
Nonfarm payrolls increased 175,000 in April, lagging the consensus expected 240,000. Payroll gains for February and March were revised down […]
View from the Observation Deck We update today’s table on a regular basis to provide insight into the variability of […]
The trade deficit in goods and services came in at $69.4 billion in March, slightly smaller than the consensus expected […]
“How to Think Like a Roman Emperor” by Donald J. Robertson delves into the life and philosophy of Marcus Aurelius, […]
No shortage of things to discuss after today’s Fed statement and subsequent press conference. While the Fed did not cut […]
The ISM Manufacturing Index declined to 49.2 in April, lagging the consensus expected 50.0. (Levels higher than 50 signal expansion; […]
View from the Observation Deck Companies have a number of ways in which to return capital to their shareholders. As […]
Austrian Economics argues that growth comes from innovation and entrepreneurship, with “the market” directing resources to areas of the economy […]
Personal income rose 0.5% in March (+0.6% including revisions to prior months), matching consensus expectations. Personal consumption rose 0.8% in […]
View from the Observation Deck Many investors are likely aware of the indispensable role dividends have played in S&P 500 […]
Real GDP increased at a 1.6% annual rate in Q1, well below the consensus expected 2.5%. The largest positive contribution […]