Previewing the Federal Reserve. The Federal Reserve meets on Wednesday and there’s one thing we know for sure: it’s going to raise rates by another 25 basis points, lifting the federal funds rate to a range from 2.00 to 2.25%.
Bigger IS Really Better! Jobless claims adjusted for the size of the U.S. labor force, are now at the lowest level since the Department of Labor started reporting monthly jobless claims in 1967.
The Growing U.S. Deficit…The U.S. federal government reported last week that it ran a deficit of $214 billion in August, the fifth largest deficit for any single month in US history.
Are Politics Good or Bad for the Investment Markets? You Decide! With midterm elections less than two months away, a divisive political atmosphere and the aging bull market have investors particularly on edge.
Wage Growth Steps Up. Friday’s jobs report finally included what appears to be evidence of the long-awaited acceleration in wage growth.
The Economic Engine That Could. Tony Dwyer, an equity strategist at Canaccord Genuity,… based on the strong manufacturing report this week…projected the index to rise to 3,360 in 2019, highlighting his view that a recession isn’t lurking “anywhere close”.