Morning Bid: Ukraine ceasefire hopes soften US inflation blow
By Jamie McGeever February 12th, 2025 Feb 13 (Reuters) – A look at the day ahead in Asian markets. Investors banking on the recent decline in U.S. bond yields and the dollar underpinning a rally across risk assets got a stark reminder in the shape of punchy U.S. inflation on Wednesday that interest rates won’t be coming down any […]
Donald Trump’s trade remedies reflect America’s troubled reality
“Our partners shouldn’t blame us for a shift aimed at solving the problems they have helped cause” by Robert Lighthizer Financial Times October 31 2024 Critics of Donald Trump’s popular tariff proposals claim they will be inflationary and harm the economy. The fact that this never happened during Trump’s first term, when we raised tariffs, […]
What Americans Need to Know About the US Deficit and Impact
The Penn Wharton Budget Model excellent article outlining what Americans Face to address and solve the US Deficit Crisis- Why the US Government must act now. Click Link Below: What Americans Need to Know about the US Debt and its Consequences
Trump 2.0 Flatter and Fatter Distribution Outcome
Donald Trump’s First Term Accomplishments versus Second Term Opportunities: Less Levers to Pull Christopher Combs Chief Capital Market Strategist Silicon Valley Capital Partners Donald Trump’s second term as President of the United States begins under markedly different economic conditions than his first. The economic backdrop of January 2017 offered distinct advantages compared to January 2025, […]
US Services Activity Expands by Most in More Than Three Years
Vince Golle Bloomberg December 16, 2024 Activity at US service providers is expanding at the fastest pace since October 2021, providing momentum for the economy even as the downturn in manufacturing worsens. The S&P Global flash December index for service providers increased to 58.5 from 56.1. A figure exceeding 50 indicates expansion. The group’s composite […]
A Quarter of Your Retirement Fund Just Isn’t Keeping Up
Ben Eisen Wall Street Journal November 28, 2024 U.S. stocks have been euphoric lately—and they’ve left international stocks in the dust. The longtime performance gap between the two is widening. Since the end of 2009, an MSCI index tracking equities outside the U.S. has only topped the S&P 500 in two years, according to Dow […]
US Services Activity Expands at Fastest Pace Since Early 2023
Vince Golle Bloomberg October 3, 2024 US service providers expanded in September at the fastest pace since February 2023, driven by a flurry of orders and stronger business activity. The Institute for Supply Management’s index of services advanced 3.4 points to 54.9 last month, the group said Thursday. Readings above 50 indicate expansion, and the latest figure […]
Yellen says U.S. economy remains solid, on path to ‘soft landing’ with no meaningful layoffs
Rebecca Picciotto CNBC September 7, 2024 Treasury Secretary Janet Yellen said that she believes the U.S. economy is healthy and that recent months of cooler jobs data is a signal of a soft landing, not a recession. Yellen said the U.S. is not seeing meaningful layoffs and the economy is “deep into a recovery.” U.S. […]
US INSIGHT: AI Driving a Productivity Boom? Early Evidence – Yes
David Wilcox Bloomberg August 16, 2024 Over the past four quarters, the US has enjoyed a solid run of real GDP growth. That could be a statistical blip that will be revised away as the Bureau of Economic Analysis refines its estimates. But if it survives, it will be a surprising development — because over […]
Steadfast US Consumer, Job Market Allay Concerns About Economy
Vince Golle Bloomberg August 15, 2024 Steadfast US Consumer, Job Market Allay Concerns About Economy ▪ Retail sales increased in July by most since early 2023 ▪ Jobless claims remain low, but manufacturing data are weak Fresh readings on retail spending and unemployment benefits quelled some of the restiveness about the US economy, parts of […]