A Snapshot Of How Stocks Have Performed So Far This Millennium
View from the Observation Deck 1. Today’s blog post features the cumulative total return performance of five major equity indices […]
View from the Observation Deck 1. Today’s blog post features the cumulative total return performance of five major equity indices […]
The ISM Manufacturing Index declined to 48.4 in December, narrowly lagging the consensus expected 48.5. (Levels higher than 50 signal […]
The housing sector was a huge and early beneficiary of the super-loose monetary policy of 2020-21. But, once the Fed […]
View from the Observation Deck 1. One of the most common questions we field on an ongoing basis is the […]
New single-family home sales increased 5.8% in November to a 0.640 million annual rate, beating the consensus expected 0.600 million. […]
Personal income rose 0.4% in November (+0.3% including revisions to prior months) versus a consensus expected +0.3%. Personal consumption increased […]
With the Christmas holiday, this weekend and offices closed Monday, we are sending you next week’s MMO a bit early. […]
Real GDP growth in Q3 was revised higher to a 3.2% annual rate from a prior estimate of 2.9%, beating […]
Last week Zero Hedge achieved the impossible, they managed to make a report from the Philadelphia Federal Reserve go viral. The topic […]
Existing home sales declined 7.7% in November to a 4.090 million annual rate, lagging the consensus expected 4.200 million. Sales […]
Housing starts declined 0.5% in November to a 1.427 million annual rate, beating the consensus expected 1.400 million. Starts are […]