Weekly Economic Cheat Sheet 12.7.2015
/in Investing/by Tyler RicheyLast Week Last week had the potential for economic data and central banking announcements to cause big volatility in the markets, and they did not disappoint. But, the bottom line is that a rate hike in December is now all but certain while the dollar rally has been temporarily capped thanks to the ECB’s underwhelming […]
Weekly Economic Cheat Sheet 11/30/15
/in Investing/by Tom EssayeLast Week There was a lot of economic data last week despite the holiday, and the general takeaway is that the data reinforced the expectation that the Fed was on track to hike rates in December. Durable Goods was the positive surprise last week as not only did the headline beat, but the key “Non […]
Weekly Economic Cheat Sheet 11/23/15
/in Investing/by Tom EssayeLast Week Economic data last week largely met expectations and the key takeaway was that the data further reinforced the expectation by the market that a rate hike is coming in December. Starting with the manufacturing sector, there were three notable releases: Two from November (Empire Manufacturing Survey and Philly Fed Survey) and one from […]
Weekly Economic Cheat Sheet 11/16/15
/in Investing/by Tom EssayeLast Week The major takeaway from the data last week was that a rate hike from December remains expected, but not certain. Internationally, European data was again lackluster, but with more QE on the way the data is being generally ignored. The October economic reports from China reinforced that growth there is stable, and China […]
Weekly Economic Cheat Sheet 11/9/15
/in Investing/by Tom EssayeLast Week Last week’s economic data was strong, and that was punctuated by Friday’s blowout jobs report—and the net result of the data was that a rate hike is now expected in December. Starting with the jobs report, it was very clearly in our “Too Hot” scenario. Headline job adds were very strong at 271k […]
Weekly Economic Cheat Sheet 11/2/15
/in Investing/by Tom EssayeLast Week Last week the key event was the FOMC being more hawkish than expected and putting a December rate hike back on the table. That hawkish statement coincided with a Q3 GDP that was stronger than expected, but other than that the September data was almost universally disappointing, so despite the optimism from the […]
Why the Gaetz Withdrawal Sparked Yesterday’s Rally
/in Investing, Reports/by Tom EssayeWhat’s in Today’s Report: Why the Gaetz Withdrawal Sparked Yesterday’s Rally