There was no evidence Wednesday that headline US jobless claims are set to meaningfully recede
Category: economy
US Home Builders Are Full-On Depressed
Yikes! Let me preface this by saying no one expected an upbeat read on US
US Retail Sales Drop Sharply, But Key Spending Measure Solid
Nominal spending across the world’s largest economy fell more than expected last month, even as
China’s Still Struggling
Deflation delays consumption in a pretty straightforward way: If you think it’s going to cost
Three-Day Week
This is effectively a three-day business week in the US. And it’s summer (not officially
Americans’ Inflation Expectations Plunge Most In Quarter-Century
For the first time since late last year, consumer sentiment improved on the marquee gauge
‘Big Beautiful Bill’ Is Egregious Reverse Robinhood Scheme
The numbers are in and guess what? The GOP’s “big, beautiful” tax bill accrues handsomely
Wholesale Prices Docile As Tariff Spike Fails To Materialize
Another day, another benign read on a key gauge of US price pressures. Wholesale prices
Meanwhile, In US Housing…
For whatever it’s worth to you, home-loan activity in the US picked up meaningfully after
Trump Gets A Win As US Inflation Negligible
Well whaddayaknow, inflation in the US ran meaningfully cooler than expected last month, according to
Fed Chair Bessent?
Fed Chair Scott Bessent isn’t a good idea. Why? Simple: Because he’s already beholden to
Trump Could Put Xi In A Bad Spot. But He Won’t
Xi Jinping can outlast the US in a trade war. That’s not to say he
Will Americans Lose Interest In ‘Blame China’?
Say congratulations to Donald Trump: The tariffs worked. Trade with China collapsed in May. Trump
Headline Hiring Holds Up In Mixed US Jobs Report
The US economy added slightly more jobs than expected in May, but payroll growth was
Slower Hiring And Layoff Notices: Welcome To The Golden Age!
Death by a thousand second-tier macro reports. On the heels of a very poor ISM
$2.4 Trillion In Red Ink. And For What?
Donald Trump’s “big, beautiful bill” has a PR problem. Specifically, some Republicans — both on
New Orders Plummet, Price Pressures Build In US Services
Another swing, another miss. June 4, 2025, will go down as a session during which
US Home Sellers Outnumber Buyers By Record Half-Million
If you make $100,000 or more, can scrape together a respectable downpayment and your credit
Private Hiring Slows To Crawl In America Amid Tariff Chaos
Did the US labor market just turn? Is the recession here? Should you board up
US Job Openings, Hires Rise Despite Macro Angst
There were 7.391 million job openings across the world’s largest economy on the last business
Tariff Man Crashes Global Growth Forecasts
The OECD doesn’t love Donald Trump’s tariffs. “[T]oday’s policy uncertainty is weakening trade and investment,
‘Raising Hell’
The first of this week’s top-tier US macro data was underwhelming, at best. No one
Labor Market Linchpin
It’s the first week of the month and you know what that means: A full data
Americans Remain Deeply Depressed Despite Tariff Pause
Good news. Or maybe I should say news that’s less bad. The final word on
Four Years Later, Fed Finds Price Stability
As expected, the Fed’s preferred measure of inflation was benign in data released on Friday.
Pending Home Sales Collapse Again In Hopeless US Housing
It was a false dawn. Another one. Following a blockbuster gain to kick off the
You must be logged in to post a comment.