View from the Observation Deck 1. The real rate of return on a bond is calculated by subtracting the most […]
Personal income rose 0.5% in May ( 0.6% including revisions to prior months), matching consensus expectations. Personal consumption rose 0.2% […]
Real GDP growth in Q1 was revised slightly lower to a -1.6% annual rate from a prior estimate and consensus […]
We’ve told people to watch the M2 measure of money in order to understand whether inflation will cool down or […]
View from the Observation Deck 1. On 6/24/22, the S&P 500 Index closed the trading session at 3,911.74, which was […]
New orders for durable goods rose 0.7% in May (+0.6% including revisions to prior months), beating the consensus expected 0.1%. […]
Real GDP declined at a 1.5% annual rate in the first quarter and, as of Friday, the Atlanta Fed’s “GDP […]
New single-family home sales increased 10.7% in May to a 0.696 million annual rate, easily beating the consensus expected 0.590 […]
View from the Observation Deck 1. Companies have a number of ways in which to return capital to their shareholders. […]
Existing home sales declined 3.4% in May to a 5.410 million annual rate, narrowly beating the consensus expected 5.400 million. […]
We became bullish about stocks once mark-to market accounting was fixed in March 2009. We were also bullish after COVID-19 […]
