Sam Millette

Sam Millette is a fixed income analyst on the Investment Management and Research team at Commonwealth Financial Network®, member FINRA/SIPC, an independent broker/dealer–RIA. With the firm since June 2015, he analyzes individual municipal bonds, responds to advisor inquiries, provides analytics and research support to the Preferred Portfolio Services® Select SMA municipal bond strategies, and assists with market research and commentary. Sam graduated from Tufts University with a degree in economics. Currently, he is a level 1 candidate for the CFA®.

Recent Posts

Monday Update: Jobs Report for July Beats Expectations

August 10, 2020

Last week’s major data releases all came in above expectations, helping to calm concerns that rising COVID-19 case counts are interrupting the economic recovery. Highlights included better-than-anticipated results for business confidence and hiring in July. This week will be another busy one, with updates focusing on inflation, retail sales, and the first look at consumer sentiment in August.

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Monday Update: Economy Contracts at Record Rate in Q2

August 3, 2020

Last week was packed with economic updates that touched on wide swaths of the economy. The first estimate of second-quarter GDP growth drew a lot of attention. It showed the economy contracted at the fastest quarterly rate on record, highlighting the devastating economic impact of anti-coronavirus measures. This will be another relatively busy week for economic updates, with a focus on business confidence and the July employment report.

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Monday Update: Initial Jobless Claims Increase

July 27, 2020

Last week was relatively slow in terms of economic updates. Notably, a disappointing jobless claims report raised concerns of a slowing economic recovery in July due to rising coronavirus case counts and a pause or rollback in reopening efforts in some states. This week will be very busy, with scheduled reports covering most important areas of the economy. Highlights include the major consumer confidence reports for July and our first look at second-quarter GDP.

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Monday Update: Retail Sales Jump for Second Month in a Row

July 20, 2020

Last week was jam-packed with economic updates, highlighted by better-than-expected industrial production and retail sales reports showing a continuing recovery as reopening efforts took hold in June. This week, the economic update front will be relatively quiet, with a focus on home sales and the weekly initial jobless claims report.

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Monday Update: Service Sector Sentiment Skyrockets

July 13, 2020

Last week was relatively quiet on the economic update front, with only three major data releases. The highlight of the week was the ISM Nonmanufacturing index, which showed that service sector confidence rebounded by far more than expected in June. This week, we’ll get numerous important updates, with a focus on consumer inflation, industrial production, retail sales, housing, and consumer confidence.

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Monday Update: June Jobs Report Hints at Faster Recovery

July 6, 2020

Last week was packed with economic updates, with results largely beating expectations. For the second month in a row, the headline job report came in far above economist estimates, supporting hopes for a faster-than-anticipated economic recovery. This week, the economic update front will be relatively quiet, with highlights on service sector confidence, the weekly initial claims report, and producer inflation.

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Monday Update: Personal Spending Rebounds in May

June 29, 2020

This was a full week of economic updates, including reports on housing, consumer confidence and spending, and durable goods orders. May’s personal spending report was a highlight, as consumers showed they were willing and able to go out and spend once reopening efforts began in earnest. This will be another busy week on the economic update front, with reports on manufacturer and consumer confidence, international trade, and June employment.

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