January Surge Kept Q1 Positive
The US economy is being tugged in two different directions right now. On the positive side we have the lingering […]
The US economy is being tugged in two different directions right now. On the positive side we have the lingering […]
Industrial production increased 0.4% in March (+1.0% including revisions to prior months), beating the consensus expected gain of 0.2%. Utilities […]
Retail sales declined 1.0% in March (-0.9% including revisions to prior months), lagging the consensus expected decline of 0.5%. Retail […]
View from the Observation Deck We update this post every few months so that investors can see which of the […]
The Producer Price Index (PPI) declined 0.5% in March, coming in well below the consensus expectation for no change. Producer […]
The Consumer Price Index (CPI) rose 0.1% in March, below the consensus expected +0.2%. The CPI is up 5.0% from […]
View from the Observation Deck The old axiom in the stock market about selling your stocks at the close of […]
Nonfarm payrolls increased 236,000 in March, very close to the consensus expected 230,000. Payroll gains for January and February were […]
History is full of economic and societal collapses. The Incan and Roman societies disappeared, the Ottoman Empire fell apart, and […]
Fifteen years ago, in 2008, the Federal Reserve started an experiment in monetary policy, switching from a “scarce reserve” system […]
View from the Observation Deck Companies have a number of ways in which to return capital to their shareholders. As […]
The ISM Non-Manufacturing index dropped to 51.2 in March, well below the consensus expected 54.4. (Levels above 50 signal expansion; […]
The trade deficit in goods and services came in at $70.5 billion in February, larger than the consensus expected $68.8 […]
