US Services Economy Continues To Grow
The S&P 500 stock price index and the 10-year US Treasury bond yield are both up today following July'…
The S&P 500 stock price index and the 10-year US Treasury bond yield are both up today following July'…
There are still 1.8 open jobs per available worker. However, June's job openings dropped 605,000 to about 10.…
The trucking industry didn't get the recession memo yet. The ATA's For-Hire Truck Tonnage Index increased 2.7%…
We’ve been making the case that the latest bear market might have bottomed on June 16. So far, so good. Below…
Today was a good day for those of us expecting to see peak inflation soon. July's US manufacturing purchasing managers…
Can you believe it’s August already? This week, we’ll get lots of data on business activity, employment, consumers, housing, and…
The wage-price-rent spiral continues to spiral. Yet, the Bond Vigilantes, who were very vigilant at the start of the year, seem to…
In the past few weeks, industry analysts started to shave their S&P 500 earnings forecasts for this year and next…
July's national manufacturing purchasing managers index (M-PMI) will be released on Monday. Will investors cheer it? The regional business surveys…
Q2's Employment Cost Index (ECI) comes out tomorrow morning. In his press conference yesterday, Fed Chair Jerome Powell assessed inflationary…
Real GDP fell 0.9% (saar) during Q2, following a 1.6% decline during Q1. That's a "growth recession&…
Melissa and I have been wondering how much federal funds rate hiking does the current round of quantitative tightening (QT2) equal? Last…