paid Unemployment • 3 min read Soft Patch Getting Softer. Is That Raising Odds of Fed Rate Cut in September & Stock Market Meltup? Last week and this week have been good ones for the recession camp of economists. Indeed, the Atlanta Fed'…
paid US Economy • 2 min read Lackluster Fed Regional Business Surveys We now have the regional business surveys conducted by five of the Federal Reserve district banks. The average of their…
public Leading Indicators • 2 min read Leading Indicator Still Misleading January's Index of Leading Economic Indicators (LEI) was down again by 0.4% (chart). It has been falling…
paid MegaCap-8 • 2 min read Bad Apple? The MegaCap-8 stocks led the S&P 500 down during the first two days of trading in 2024 (chart)…
public Mortgage Rates • 1 min read Mortgage Rate Rockets Up To 8% The 30-year fixed mortgage rate rocketed up to 8.00% today. It is up from 7.57% on October 12…
public US Economy • 2 min read Stock Market's Meltup Continues Investors had a quick look at today's economic indicators and concluded that the economy is still growing albeit…
paid Fed • 2 min read Markets' Message to the Fed: Just Say No to More Rate Hikes The stock market sent a message to the FOMC today: Cease and desist from any more rate hikes, please. The…
paid Fed • 2 min read Fed 's H.4.1 Shows Banking Crisis Not Getting Worse The Fed's H.4.1 report is released every Thursday at 4:15 pm. It shows the Fed&…
public US Economy • 3 min read Recession Drumbeat Getting Louder The S&P 500 has been holding up quite well as the the nattering nabobs of negativism beat their…
paid US Economy • 2 min read More Shoes To Drop? Needless to say, the recent turmoil in the banking sector is raising renewed fears of a recession and a resumption…
paid US Economy • 1 min read Capital Spending Getting A Lift From Washington Inflation-adjusted capital spending rose 4% y/y during Q4. That was a solid increase. However, it may be starting to…