Economic Perspective | August 2024 Chartbook
The U.S. economy grew faster than forecast during the second quarter driven by strong consumer spending and a rebound in corporate profits, both of which should continue to sustain economic…
The U.S. economy grew faster than forecast during the second quarter driven by strong consumer spending and a rebound in corporate profits, both of which should continue to sustain economic…
Well, the August employment payrolls data was weaker than expected – across the board. Adding to market concerns were the sharp downward revisions to the July employment data – which…
The August employment payrolls data was weaker than expected – across the board. Adding to market concerns were the sharp downward revisions to the July employment data – which reinforces…
Have we reached the Goldilocks “just right” world with the economy growing but not too strong (2Q24 GDP at 3%), the labor market balanced, inflation coming down, S&P 500 earnings…
With this month’s Concenture Corner, we’re doing a deep dive into the Energy Sector, with a focus on finding the potential pinnacles amid the pitfalls. As we have reported throughout…
The U.S. economy powered through the second quarter, growing more than expected even as inflation resumed its path back to the Federal Reserve’s 2% target. Real GDP grew at an…
The global equity markets were pummeled last Monday as the Japanese yen strengthened significantly, forcing leveraged investors in the yen carry trade out of their positions. How much more of…
Too early, too late or just right? Investors have been debating all year whether the economy was slowing and if so, by how much – and most importantly, what should…
After the first debate between President Joe Biden and former President Donald Trump, the equity market began to price in a win for Trump. This trade got a bump after…
The U.S. economy expanded at a 1.4% annual pace from January through March, the slowest quarterly growth since spring 2022. The first quarter's GDP growth marked a sharp pullback from…
Artificial intelligence (AI) is the elephant in the room that everyone DOES want to talk about. And they should… because it’s still a challenge for investors to get their heads…
Consumer spending slowed in the first quarter, bringing U.S. GDP growth down to a 1.3% annual rate. The number matched forecasts and is down from the advance estimate of 1.6%.…
Historically, April has proven to be a down month, so the 5% correction the market experienced during the month is not out of line. (We typically see 5% corrections three…
The nation's economic growth slowed to an annualized rate of 1.6%. A surge in imports, which are subtracted from GDP, reduced first-quarter growth by nearly 1 percentage point. Growth was…
After a particularly strong first quarter, the equity market is already in a correction, in our view. We continue to believe the S&P 500 can reach 5600-5800, for an additional…