Category: Weekly Economic Commentary

  • Weekly Economic Commentary | April 8, 2019

    Weekly Economic Commentary | April 8, 2019

    A chilly winter is finally behind us, and flowers are starting to bloom. The U.S. economy kicked off the year with a disappointing first quarter as consumers and businesses weathered symptoms of a global slowdown. Thankfully, seasons change, and we’re seeing signs of thaw in leading economic data.

  • Weekly Economic Commentary | March 25, 2019

    Weekly Economic Commentary | March 25, 2019

    Investors are becoming increasingly impatient, even as the Federal Reserve (Fed) doubled down on patience at its March meeting. Policymakers signaled a complete pause in policy in a nod to slowing growth and global uncertainty, while Fed Chair Jerome Powell’s praise of domestic economic fundamentals rang hollow for financial markets.

  • Weekly Economic Commentary | March 18, 2019

    Weekly Economic Commentary | March 18, 2019

    A disappointing February jobs report, released March 8, has increased concerns about a slowing U.S. economy among some market participants.

  • Weekly Economic Commentary | March 11, 2019

    Weekly Economic Commentary | March 11, 2019

    Pessimism has rapidly infiltrated Main Street’s outlook, according to the Federal Reserve’s (Fed) latest edition of the Beige Book. By our measure, sentiment in the March Beige Book, a qualitative assessment of the domestic economy and each of the 12 Fed districts, fell to its lowest point in seven years.

  • Weekly Economic Commentary | March 4, 2019

    Weekly Economic Commentary | March 4, 2019

    The tenth anniversary of the S&P 500 Index bull market is coming up on March 9. As the U.S. stock rally’s double-digit birthday nears, we’ve reflected a lot on the durability of the current economic cycle. The U.S. economic expansion is entering its 118th month, on track to become the longest recovery on record in…

  • Weekly Economic Commentary | February 25, 2019

    Weekly Economic Commentary | February 25, 2019

    Investors are sifting through a deluge of backlogged data after a historic U.S. government shutdown. As data have caught up, many reports have missed consensus estimates, stoking fears that Wall Street may be overlooking a slowdown in the U.S. economy.