Paid Sunny Economy, Gloomy Dispositions May 28, 2024 2 min read paid Inflation is the number one economic concern among consumers today. It's also moderated significantly since the summer of 2022; the prices of durable goods are even deflating a bit. The labor market remains strong, boosting consumer spending. Stocks are at all-time highs. Yet, according to a recently released Fed survey, only 22% of Americans think the US economy is in good or excellent shape, down from 50% before Ed Yardeni Eric Wallerstein
Paid The Economic Week Ahead: March 25 - 29 Mar 24, 2024 2 min read paid The most important economic indicator for the week ahead will be February's PCED inflation rate, which comes out on Friday. The Cleveland Fed's Inflation Nowcast shows the headline and core rates rising 0.4% and 0.3% m/m, and 2.5% and 2.8% y/y. Those results would be about the same as January's, possibly raising concerns that inflation has stalled and Ed Yardeni
Paid July's Consumer Confidence Up As Jobs Remain Plentiful Jul 25, 2023 1 min read paid Among the earliest monthly indicators of the US jobs market is the consumer confidence survey conducted by the Conference Board. July’s survey came out on Tuesday. The Consumer Confidence Index rose smartly this month, with solid gains in both its current conditions and expectations components (chart). Furthermore, consider the following: (1) The survey’s “jobs plentiful” series edged up to 46.9% (chart). That’s down from readings of Ed Yardeni