Tom Essaye Quoted in International Business Times on June 30, 2020

“A combination of stimulus, positive trends in the virus, economic reopenings and hopes for a vaccine drove stocks higher in [the second quarter],” wrote Tom Essaye, founder of The Sevens Report.

Sevens Report Analyst Tyler Richey featured on the WSJ’s Market Watch Discussing the Market Forces in Energy Futures

Link to article here.

Your Weekly Economic Cheat Sheet – 6.9.2014

Last Week Last week was a good one for the global economy and risk assets. May economic data confirmed that we are seeing the pace of growth stabilize in China, and accelerate in the U.S. Plus, the ECB basically met very high expectations with regard to stimulating the EU economy and combating dis-inflation.  From a […]

Your Weekly Economic Cheat Sheet – 6.2.2014

Last Week Economic data last week was generally in-line with expectations, and ahead of this critical week, none of the data materially shifted the current consensus expectation for slowly rebounding global growth or Fed policy. The “highlight” of last week was the revised Q1 GDP report, which missed expectations and showed a 1% annual growth […]

Your Weekly Economic Cheat Sheet – 5.27.2014

Last Week Last week was a good one for economic data, as global flash PMIs confirmed current market expectations (Chinese growth stabilizing, EU recovering slowly, U.S. recovery accelerating), and we got some welcome good news on domestic housing. The global flash PMIs were the highlight of the week, and although there was some disappointment in […]

Update on the U.S. Equity Market

The market was still frustratingly flat, but Thursday was a bit different than the previous days this week.  Monday and Wednesday weren’t as good as the averages implied, and Tuesday wasn’t as bad. Thursday, however, was actually a bit better than the moves in the averages would make you believe because of two main reasons. […]

Dissecting the FOMC Minutes

Fed Minutes There weren’t many surprises in the minutes, and they certainly didn’t change anyone’s outlook for Fed policy going forward.  Regarding the economy, the Fed remained cautiously optimistic. Apparently, though, the lack of a housing rebound is catching some Fed officials’ attention, so housing remains a key area to watch (reports coming out today […]