Your Weekly Economic Cheat Sheet – 6.2.2014
/in Investing/by Tom 2Last 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
/in Investing/by Tom 2Last 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
/in Investing/by Tom 2The 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
/in Investing/by Tom 2Fed 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 […]
Your Weekly Economic Cheat Sheet 5.19.2014
/in Investing/by Tom 2Last Week The economic data last week became a bit of a Rorschach (ink blot) test. Depending what camp you’re in (bull or bear), you could see last week’s data as supporting your case. But, that aside, the takeaway is that nothing last week changed anyone’s expectations for economic growth domestically or internationally. For the […]
Trade War 2.0 Primer (Needed Context)
/in Investing, Reports/by Tom EssayeWhat’s in Today’s Report: U.S. Trade Primer (Needed Context for Trade War 2.0)