Disappointing Numbers from Flash February Manufacturing & Service PMIs: February 22, 2017

Below is an excerpt from the “Economics” section of the Sevens Report. The Sevens Report has everything you need to know about the markets by 7am each morning in 7 minutes or less—can get a free trial if you sign up now. Flash February Manufacturing & Service PMIs Feb. Manufacturing PMI declined to 54.3 vs.[…]

Both economic growth and inflation accelerated according to last week's data.

Economics: This Week and Last Week. February 21, 2017

An excerpt from today’s Sevens Report. Subscribe now to get the full report in your inbox before 7am each morning. Both economic growth and inflation accelerated according to last week’s data, and while the former continues to help support stocks despite a darkening outlook from Washington, the latter also is increasing the likelihood of a[…]

What impact are Trump’s headlines having on markets?

After impacting the markets with his comment about a forthcoming “phenomenal” tax plan, the markets have been surprisingly unmoved by any of the headlines coming in from Washington D.C. This week, we’ve seen stocks focusing on the good economic data (retail sales, Empire Manufacturing) and ignoring the political drama (Trump’s Labor Secretary nominee, Andrew Puzder, withdrew yesterday).[…]

How Big a Risk is a Trade or Military Dispute? February 16, 2017

An excerpt from the Sevens Report. Sign up for a two-week free trial of the full report at www.7sReport.com. Earlier this week I began profiling non-political risks to explore when making decisions for your clients and talking with prospects. Here’s number three: Non-Political Risk #3: Surprise Trade or Military Dispute Surprisingly, and potentially dangerously, the[…]

Economic Growth Slows: February 14, 2017

An excerpt from today’s Sevens Report. Non-Political Risk #1: Economic Growth Slows. Stronger economic data remains an unsung hero of this post-election rally, and while Trump gets the headlines, it’s really the economic data that’s enabling this rally as better economic growth is allowing the market to continue to give Trump and the Republicans the[…]

Economic Cheat Sheet: February 13, 2017

Last Week: There was very little incremental economic data last week, and what reports did come met expectations and importantly did nothing to change the perception that economic activity is legitimately accelerating—a perception that continues to support stocks broadly. From a domestic data viewpoint, there isn’t a lot to talk about. Jobless claims continued to[…]