Most analysts expect no change to FOMC policy at the meeting this week, keeping the target range at 4 1/4 to 4 1/2 percent. Market participants currently expect the FOMC to also be on hold at the …
Since our last weekly publication, our 2Q GDP tracking is unchanged at 2.7% q/q saar and 1Q GDP is down one-tenth to -0.1% q/q saar. [June 13th estimate] emphasis added
The Consumer Price Index for May is scheduled to be released tomorrow. The consensus is for a 0.2% increase in CPI, and a 0.3% increase in core CPI. The consensus is for CPI to be up 2.5% year-over…
Since our last weekly publication, our 2Q GDP tracking is up to 2.7% q/q saar from 1.8% q/q saar and 1Q GDP is up two-tenths to 0.0% q/q saar. [June 6th estimate] emphasis added
On Friday at 8:30 AM ET, the BLS will release the employment report for May. The consensus is for 130,000 jobs added, and for the unemployment rate to be unchanged at 4.2%. There were 177,000 jobs a…
Key topics include billions of dollars in expected EV write-downs, a retrench to "core" businesses for automakers and a collapse of the auto industry in China.
Investor positioning in defensive stocks — healthcare, consumer staples and utilities — is at the lowest in a quarter century, the Wall Street bank says.
Since our last weekly publication, our 2Q and 1Q GDP tracking are down two-tenths each
to +2.0% q/q saar and -0.5% q/q saar, respectively. [May 23rd estimate] emphasis added
We initiated our 2Q GDP tracking after the April retail sales print. It moved up two-tenth
to 2.2% q/q saar from our official forecast of 2.0% q/q saar. Meanwhile, our 1Q GDP
tracking mo…