Monday Update: New Jobless Claims Hit All-Time High, Consumer Confidence Crashes

March 30, 2020

Last week’s economic updates were mixed. Some reports focusing solely on February showed a steadily growing economy, while more recent updates reflected the negative effect of the government measures taken during March to combat the spread of the coronavirus. This week will give us a chance to see just how concerned consumers and businesses are, based on the confidence updates set to be released for these sectors. We’ll get multiple looks at the current employment situation, with Thursday’s release of the weekly initial unemployment claims and Friday’s release of the March employment report.

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Monday Update: Retail Sales Fall Sharply in February

March 23, 2020

Last week’s updates, which touched on a broad cross section of the economy, mostly showed solid, fundamental improvements during February. That noted, the surprise rate cut by the Fed and a sharp drop in retail sales highlight the effect that the coronavirus will likely have on future reports. This week will be another busy one, with important reports on business and consumer confidence expected to draw the most attention.

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Appearance on Fox Business Network’s The Claman Countdown, March 18, 2020 [Video]

March 19, 2020

What should investors do given the market turbulence created by coronavirus fears? Yesterday, I appeared on Fox Business Network's The Claman Countdown to discuss this and more.

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Appearance on Yahoo Finance's On the Move, March 16, 2020 [Video]

March 16, 2020

What do I make of the Fed’s surprise rate cut over the weekend? I discussed this and more today on Yahoo Finance’s On The Move.

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Monday Update: Consumer Confidence Drop Smaller Than Expected

March 16, 2020

Last week was relatively quiet on the economic update front. On an encouraging note, the preliminary consumer confidence report released for March showed a slightly smaller-than-expected drop in sentiment. This week will be busy, with many of the scheduled releases expected to show continued economic growth in February. Going forward, however, we expect to see headwinds due to the escalating nature of the coronavirus pandemic.

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Appearance on CNBC’s Power Lunch, March 13, 2020 [Video]

March 16, 2020

On Friday, I appeared on CNBC’s Power Lunch to discuss the coronavirus, fear, and the market. Listen in to hear more.

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Appearance on Yahoo Finance's The Final Round, March 12, 2020 [Video]

March 13, 2020

Yesterday, I appeared on Yahoo Finance’s The Final Round to discuss recent market declines, including what to expect going forward. Listen in to hear more.

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Upcoming Appearances

Tune in to Bloomberg Radio's Bloomberg Businessweek on Friday, April 17, at 3:45  P.M. ET to hear Brad talk about the market. Listen by streaming the show live at bloombergradio.com, tuning in to SiriusXM channel 119, or by downloading Bloomberg's app. 

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