There were only two major economic news releases last week, but the week ahead will be a busy one.
There were only two major economic news releases last week, but the week ahead will be a busy one.
June 8, 2018
Market risks come in three flavors: recession risk, economic shock risk, and risks within the market itself. So, what do these risks look like for June? Let’s take a closer look at the numbers.
June 7, 2018
May’s data improved over an already solid April. Job growth accelerated further, and consumer confidence remained strong. Business confidence also bounced back, taking the trend back to positive territory. Finally, Fed policy continues to be stimulative, which is helpful despite the likely rate increase this month. Overall, the economic data indicates that growth continues and that the recent soft spot may be passing.
June 6, 2018
This will be a short post as I am traveling. I spent last weekend in London, where I saw (to my delight!) not one but several black swans.
As we head further into June, let’s take a moment to look back at May’s economic news, plus what to expect in the month ahead.
June 4, 2018
Last week’s reports gave us a broad look at the economy, from employment to manufacturing. This week, we will see two major releases.
June 1, 2018
May was a good month, continuing the recovery from the pullback we saw at the start of the year. In the U.S., markets were up almost across the board. Consumers continue to spend, and businesses remain confident—with manufacturing doing particularly well. Plus, the government is contributing to this growth by cutting taxes and spending more.
May 31, 2018
Much of the economic data suggests that the slowdown in the first quarter is passing—this morning’s personal spending report is a good example. But, as always, what matters most for the economy is jobs.
May 30, 2018
First, there was “Grexit,” which was the name given to the possibility that Greece would leave the eurozone. Then, there was “Brexit,” the plan for the U.K.’s exit from the European Union, which is actually happening (at least potentially). Now, we have “Italeave,” which I think sounds better than the other contender, “Italexit.” So what’s going on with Italy?
May 29, 2018
Last week was a slow one for economic news, but the releases we did see were important. This week, we will get a broad look at the economy.
