Weekly Economic & Market Review
Last week’s data continued the recent trend of better than expected reports on the US economy. Unfortunately, the investing world chose to focus on the latest blip in Italian and Spanish bond yields and equity markets turned in their worst week since September. The S&P 500 fell 3.81% on the week, while Europe and Emerging .. read more
Weekly Economic and Market Review
If the goal of Ben Bernanke’s Jackson Hole speech and the recent FOMC statement was to weaken the dollar, well mission accomplished. Since Bernanke laid out the Fed’s options for creating more inflation on August 27th, the US dollar index has dropped 5% and all manner of risky assets have moved higher when measured in .. read more
Economic Report: Leading Indicators
For the last 9 months, the Conference Board reported a contraction in its index of leading economic indicators. In March, it was no different, as the LEI index fell 0.3% for the month, compared to a upwardly-revised 0.2% loss in February, and downwardly-revised losses in December and January. Despite the downturn in March, a bottom seems to be developing, .. read more
Economic Report: Leading Indicators
For the first time in three months, the Conference Board reported a contraction in the index of leading economic indicators. February’s LEI index fell 0.4% for the month, compared to a downwardly-revised 0.1% gain in January. Despite the downturn in February, a bottom seems to be developing. The recession’s intensity could ease over the next few .. read more
