Nonfarm payrolls increased 263,000 in September, narrowly beating the consensus expected 255,000. Payroll gains for July and August were revised […]
View from the Observation Deck 1. Companies have a number of ways in which to return capital to their shareholders. […]
The ISM Non-Manufacturing index declined to 56.7 in September, beating the consensus expected 56.0. (Levels above 50 signal expansion; levels […]
View from the Observation Deck 1. One of the most common questions we field on an ongoing basis is the […]
The ISM Manufacturing Index declined to 50.9 in September, lagging the consensus expected 52.0. (Levels higher than 50 signal expansion; […]
We are not “recession deniers,” we just don’t think one has started yet. The distortions of economic activity from lockdowns, […]
Personal income rose 0.3% in August, matching consensus expectations. Personal consumption rose 0.4% in August, beating the consensus expected +0.2%. […]
View from the Observation Deck 1. Today’s blog post features the total return performance figures for the major global stock […]
Real GDP growth in Q2 remained at a -0.6% annual rate, matching consensus expectations. An upward revision in personal consumption […]
New single-family home sales increased 28.8% in August to a 0.685 million annual rate, easily beating the consensus expected 0.500 […]
New orders for durable goods declined 0.2% in August, narrowly beating the consensus expected -0.3%. Orders excluding transportation increased 0.2% […]
View from the Observation Deck 1. The yield on the 10-year Treasury note (T-note) closed at an all-time low of […]