Weekly Update 9/29/2023: Government Shutdown Looms
September 30 is the end of the fiscal year for the federal government. Given the situation in Congress, it is increasingly likely that a shutdown starting October 1 will occur.
Weekly Update 8/25/2023: Fed Chair Powell Delivers Jackson Hole Speech
US job growth was probably less robust in the year through March than previously reported, according to government data released Wednesday.
Weekly Update 08/11/2023: Subdued CPI Data Helps Markets
The consumer price index (CPI) was released today by the Bureau of Labor Statistics (BLS). It showed the smallest back-to-back increase in the past two years in the core measure which excludes the more volatile food and energy categories.
Weekly Update 7/28/2023: Fed Lifts Rates as Inflation Continues to Moderate & Earnings Season Rolls On
US business activity expanded in early July at the slowest pace in five months as services growth moderated.
Weekly Update 7/21/2023: Earnings Season Continues
Retail Sales - Headline retail sales rose a modest 0.2% in June versus an upwardly revised 0.5% in May
Weekly Update 6/30/2023: Fed's Preferred Measure of Inflation Continues to Cool as US Economy Remains Resilient With Consumer Confidence High
The Federal Reserve's preferred measures of US inflation cooled in May as consumer spending moderated...