Industrial production increased 0.2% in May (+0.1% including revisions to prior months), below the consensus expected gain of 0.4%. Utilities […]
Housing starts declined 14.4% in May to a 1.549 million annual rate, well below the consensus expected 1.701 million. Starts […]
View from the Observation Deck 1. All three S&P stock indices in the table above recently shifted from correction mode […]
The Federal Reserve raised rates by three-quarters of a percentage point (75 basis points) today, the most at any meeting […]
Retail sales declined 0.3% in May (-0.7% including revisions to prior months) versus a consensus expected a gain of 0.1%. […]
The Producer Price Index (PPI) rose 0.8% in May, matching consensus expectations. Producer prices are up 10.8% versus a year […]
View from the Observation Deck 1. Equities moved into bear market territory as of yesterday’s close, as measured by the […]
All eyes will be on the results of the Federal Reserve meeting on Wednesday when it announces how much it’s […]
The Consumer Price Index (CPI) increased 1.0% in May, well above the consensus expected +0.7%. The CPI is up 8.6% […]
View from the Observation Deck 1. Today’s blog post shows the yields on a couple of benchmark government bond maturities […]
The trade deficit in goods and services came in at $87.1 billion in April, smaller than the consensus expected $89.5 […]
