September 14, 2020
Last week was relatively quiet on the economic update front, with reports on inflation and weekly unemployment providing the highlights. This week will be much busier, with updates scheduled to cover consumer confidence and spending, the housing market, and the Fed’s September meeting.
September 8, 2020
Last week’s economic highlights included important releases on business confidence, international trade, and the employment market. This week will be relatively quiet due to the holiday, with releases scheduled on inflation and the weekly initial jobless claims.
August 31, 2020
Last week was jam-packed with economic news, with reports covering wide swaths of the economy released. Both major measures of consumer confidence for August revealed mixed results. This week will be busy once again, with updates focusing on business confidence and the August employment report.
August 24, 2020
Last week, the economic highlight was the housing sector, which has continued to impress since reopening efforts took hold, driven by record low mortgage rates. This will be a busy week for updates, with reports scheduled to cover wide swaths of the economy.
August 17, 2020
Last week was relatively busy on the economic update front, with a focus on inflation, retail sales, and consumer confidence. The reports came in mixed, with better-than-expected results for consumer confidence and jobless claims offsetting disappointing retail sales data and faster-than-anticipated inflation in July. This week will be relatively quiet for economic updates, with releases focusing on the housing sector and the minutes from the Fed’s most recent meeting.
August 13, 2020
Yesterday I appeared on CNBC’s The Exchange to discuss the sectors I favor right now and the markets.
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.
