Previous 10 | Next 10 |
The dollar was beaten up in July. It fell against nearly all the world's currencies except for a handful of emerging market currencies, including the Argentine peso and Turkish lira. It did not just fall against the major currencies, but it fell hard. The euro's 5.0% gain in July was its bes...
Originally published on July 30, 2020 A perfect quarter to look at the absurdity of reporting "annual rates" in the headlines. This morning, we were confronted with horrible news, which we've been expecting all along, but this news, though truly horrible, was also a result of someth...
It is a big week for economic data. There are many reports with the most attention on Friday’s Employment Situation data. We will also get auto sales, the ISM manufacturing and non-manufacturing indexes, construction spending, and factory orders. Weekly jobless claims continue to attrac...
The economy has just gone through the deepest recession on record. It is our job to forecast the path forward including how the Fed and government will respond; what the implications are for asset allocation; who will win/lose throughout this period and beyond; and then invest accordingly. Our...
On the latest edition of Market Week in Review, Senior Investment Strategist Paul Eitelman and Senior Client Investment Analyst Chris Kyle discussed second-quarter GDP (gross domestic product) numbers from around the world, in addition to second-quarter earnings season results. They also ...
Purpose I look at the high frequency weekly indicators because while they can be very noisy, they provide a good nowcast of the economy and will telegraph the maintenance or change in the economy well before monthly or quarterly data is available. They are also an excellent way to "mark yo...
The epic decline in US economic output in the second quarter was the deepest dive in GDP on record that surprised exactly no one. Economists and macro models have for months been projecting a massive decline as the nation's economy shut down to combat Covid-19. Government figures released yes...
" Every time one person buys, another sells, and both think they are astute." - William Feather July is in the books, and those that called for a correction after the second quarter gain in the S&P will have to wait a little longer. The S&P tacked on 5.5% in a month where ...
Passive players took in more than $400 billion last year, and while the assumption is that they don't transact, they're actually very active, Mike Green of Logica Capital Advisors told Real Vision during today's Daily Briefing. Green said that people get seduced by the language of pas...
Real GDP declined 32.9% in the second quarter. U.S. Bureau of Economic Analysis The second quarter GDP report showed a huge decline in the April-May-June period, a clear recession. Right now, however, we may be technically out of recession. Unfortunately, being out of recession is ...