NOTE: An update to the gold adjusted GDPNow will be released on March 26th. Based on the previous adjustment, it appears GDPNow (adjusted) is slightly positive for Q1. (For more on the gold adjustme…
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 be on hold at the March…
Our 1Q GDP tracking remains unchanged at 1.9% q/q saar and our 4Q GDP tracking is
down two tenths to 2.3% q/q saar since our last weekly publication. [Mar 14th] emphasis added
Administration officials have repeatedly said they view the current stock market correction as a temporary reaction to the president's pro-Main Street agenda.
The Consumer Price Index for February is scheduled to be released tomorrow. The consensus is for a 0.3% increase in CPI, and a 0.3% increase in core CPI. The consensus is for CPI to be up 2.9% year…
Special Note: There was a surge in gold imports in January. There is a time lag for when the imported gold will show up in inventories. GDPNow will correct for this once the gold is included as an …
Investors see increased chances the U.S. will soon suffer from stagflation, which is when high inflation is accompanied by sluggish economic growth, BofA says.