Will the Consumer Crack?

While many investors and economists have crossed over into the sunny lands of soft landing, the major concern remains that the US consumer is about to crack. There is growing consensus that the US economy is just beginning to feel the effects of the central bank’s...

The Consumer Spends and Spends

The labor market has been the stalwart of the US economy this year, supporting momentum that’s set it on a glide path for that Goldilocks scenario known as a soft landing. New data this week showed more people entering the workforce, increased hiring and slowing wage...

Finishing off inflation

Stocks rallied Friday as investors welcomed comments from Federal Reserve Chairman Jerome Powell in Jackson Hole that pointed to stronger than expected economic growth. Investors cheered Powell’s confidence in continued U.S. economic growth, as he cited...

China Unravels – Deflation awaits

There’s no denying that China’s economy is struggling. Real GDP growth slowed considerably in the second quarter, as exports declined and households accumulated savings to protect against an ongoing slump in property values. Data for July point to ongoing weakness...

Inflation is behind us

Stocks finished mixed Friday but scored solid gains for the week, as surprisingly moderate U.S. inflation data prompted hopes that the Federal Reserve could soon stop its pattern of interest rate hikes. With June consumer prices and producer prices showing smaller...

Still Waiting for that Recession?

Wall Street’s major averages closed out a strong first half of the year on an upbeat note. Moreover, the Federal Reserve’s favorite inflation gauge – the core personal consumption expenditures index – moderated in May on both a month-to-month...
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