ISM Non‐Manufacturing Index June 2023
The ISM Non-Manufacturing index increased to 53.9 in June, well above the consensus expected 51.2. (Levels above 50 signal expansion; […]
The ISM Non-Manufacturing index increased to 53.9 in June, well above the consensus expected 51.2. (Levels above 50 signal expansion; […]
The trade deficit in goods and services came in at $69.0 billion in May, matching consensus expectations. Exports declined by […]
In 1852, Karl Marx said “Men make their own history, but they do not make it as they please; they […]
Personal income rose 0.4% in May (+0.5% including revisions to prior months), beating the consensus expected +0.3%. Personal consumption rose […]
View from the Observation Deck Investors directing capital into mutual funds and exchange traded funds (ETFs) continued to favor passive […]
Real GDP growth in Q1 was revised higher to a 2.0% annual rate from a prior estimate of 1.3%, beating […]
View from the Observation Deck In last week’s post titled “A Check Up on Health Care”. We shared an update […]
New single-family home sales increased 12.2% in May to a 0.763 million annual rate, beating the consensus expected 0.675 million. […]
New orders for durable goods rose 1.7% in May (+1.9% including revisions to prior months), easily beating the consensus expected […]
We get a big bunch of data reports this week: GDP revisions and economy-wide corporate profits for the first quarter; […]
Today’s blog post focuses on the health care sector and shows its total returns over two distinct time frames: year-to-date […]
Existing home sales increased 0.2% in May to a 4.300 million annual rate, narrowly beating the consensus expected 4.250 million. […]