One thing: Halfway there One thing moving markets in the last six months is cooling inflation and a softening labor market paving the way for Fed rate cuts. Can it stay on track?
Capital markets perspective: Half full or half empty? There are at least two ways to estimate how many Americans are employed: Ask businesses how many people are on their payrolls, or ask Americans themselves.
June market recap: Inflation cools, tech heats up The dominant market theme in June was continued focus on Nvidia and the very largest US growth stocks. Here's the recap on last month.
One thing: The average car costs $47,000 After running hot during the pandemic, car sales have cooled, and inventory is plentiful, shifting the balance of negotiating power to buyers.
Capital markets perspective: Two birthdays The U.S. turns 248 years old on Thursday, but I also want to acknowledge another birthday: The inversion of the yield curve turns two years old next Monday.
One thing: The vacation economy For many Americans, travel costs aren’t budget-friendly right now. But for many others, the desire to travel is simply stronger than the desire to cut back on spending.
Capital markets perspective: Status quo — for now The Conference Board's Index of Leading Economic Indicators six-month growth rate remains firmly negative, but doesn't currently signal a recession. Here's what we learned about the economy last week.
One thing: Retail sales on the downswing One thing moving markets is lagging retail sales that may point to a spending slowdown. More on the retail rundown and the latest financial headlines.
Capital markets perspective: Game, set, match When the Federal Reserve Board announces a decision on interest rates, stock and bond markets often ping-pong back and forth while the post-decision press conference is on air. This most recent one was stunning for its almost complete lack of highs and lows.
One thing: Property market pinch One thing moving markets is the slowing supply of new apartment units, with the annual rate of multifamily building starts dropping to its second-lowest level in four years.
May market recap: Stocks and bonds bounce back Stocks and bonds bounce back from a poor month in April. Here's the recap on last month.
Capital markets perspective: Come on down By far the best situation for the jobs market is to absolutely nail the ratio that compares the number of job seekers to the number of available jobs at precisely 1.00. That's why last week’s labor market datapalooza started out so promising.
