US Economy

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The Economic Week Ahead, July 25-29, 2022

Jul 24, 2022 2 min read paid

The week ahead is jam-packed with economic data that are likely to show weakening economic activity and some signs of peaking inflation. In addition, the latest FOMC statement, released Wednesday, will probably announce a 75bps rate hike. Now consider the following:

Ed Yardeni

More Signs of Slowing Global Economy

Jul 22, 2022 1 min read

Today, S&P Global released its flash estimates for the purchasing managers indexes (PMIs) of the US, the Eurozone, the UK, and Japan. They are showing that the global economy is slowing in both the manufacturing and services sectors: (1) The US services index dropped from 52.7 in June to 47.0 in July. It has been on a downward course since March’s recent high and signaled

Ed Yardeni