Existing home sales declined 0.7% in January to a 4.000 million annual rate, lagging the consensus expected 4.100 million.  Sales […]

You can’t read or watch financial news these days without a heavy dose of speculation about what the Fed is […]

The Producer Price Index (PPI) rose 0.7% in January, coming in well above the consensus expected +0.4%.  Producer prices are […]

Housing starts declined 4.5% in January to a 1.309 million annual rate, below the consensus expected 1.356 million.  Starts are […]

Industrial production was unchanged in January (-0.4% including revisions to prior months), well below the consensus expected gain of 0.5%. […]

Retail sales rose 3.0% in January (+2.9% including revisions to prior months), beating the consensus expected increase of 2.0%.  Retail […]

View from the Observation Deck Today’s post compares the performance of consumer stocks to the broader market, as measured by […]

Markets have been volatile, with reports convincing many that the Fed is done hiking rates.  But this week, we get […]

View from the Observation Deck As we come to the close of the 2022 earnings season, we thought it would […]