US home prices rose for six consecutive months midway through summer, data released on Tuesday
Category: economy
American Consumer Seen Stretched With Two-Thirds Of COVID Savings Gone
If you’re forecasting a material deceleration in US economic activity during Q4, you should stop.
Buckle Up: Higher For Longer = Hard Landing
I was skeptical of the so-called “Wile E. Coyote” moment narrative for the US economy. “Was,”
US Economy Is Cooling, PMIs Suggest. Will Bonds Care?
Preliminary PMI data for the US released on Friday offered few surprises, which was just
In Europe, More Stagflation
Activity data released on Friday offered scant evidence to suggest the European economy can avoid
Things Fall Apart
Is everything about to fall apart? Yes, surely. It’s just a matter of what you
Existing Home Sales Drop Again As Median Wooden Box Goes For $400,000
US existing home sales fell again in August, and prices were higher compared to the
Bank Of England ‘Surprises’ With Confused Hold
Consensus is lacking at the Bank of England. The BoE on Thursday kept rates on
UK Is Winning Inflation Fight, ‘Plain And Simple’
“Bloody hell! It’s about time.” Or something. However you’d express exasperated gratitude for good news
OECD Update Underscores US-China Economic Divergence
The OECD is concerned about the outlook for the global economy. That’s a tautology depending
Housing Market Roller Coaster Continues As New Construction Plunges
The pace of new construction in the US plunged in August, data released on Tuesday
As Mortgage Payments Double, Builder Sentiment Buckles
Would-be US homeowners have seen their buying power “significantly eroded” over the past two months.
US Housing In Focus As 60,000 Deals Fall Through Amid Record Costs
The September FOMC meeting isn’t the only thing on the schedule in the US this
American Consumers Look Beyond Gas Prices, Expect Cooler Inflation
“Divergent movements” on subindexes and across demographic cohorts left the headline University of Michigan sentiment
Lies, Damned Lies And The Statistics Bureau
Xi Jinping is limiting access to sensitive economic data, read one of two summary bullet
US Economy Impolitely Refuses To Die
Thursday’s key macro data out of the US reinforced the message from Wednesday’s CPI report:
Warm CPI Report Suggests Fed’s Job Not Quite Done
Core inflation in the US was a little warm last month, hotly-anticipated data released on
US Squanders Historic Opportunity, Lets Child Poverty Soar
We learned a lot from the pandemic. For example, we were reminded that for all
Regular People Struggle, Homeowners Included
Last year, Jerome Powell referred to “regular economic people” while editorializing around the plight of
Credit, Job Loss Perceptions Worsen As Fed Medicine Takes Toll
The rate hikes are working. Or at least that was one interpretation of the key
US Inflation, ECB Cliffhanger Headline In Busy Macro Week
Inflation data out of the US and a coin toss ECB meeting are this week’s
Bond Yields And Left Turns
Bond yields should be lower. At least at the long-end. That’s not an assessment based
Albert Edwards Is Worried About Bankruptcies
SocGen’s Albert Edwards is concerned about bankruptcies. That might seem odd coming from the man
Inflation Still Percolating In US Services Sector
Activity in the US services sector reaccelerated in August, according to this week’s only top-tier
China’s Economy May Never Recover Pre-Pandemic Vibrancy
For about 24 hours, financial media outlets and some bank analysts were convinced that Beijing’s
Goldman Says US Recession Odds Have Completely Normalized
This was the summer of the soft landing. So said Goldman, in a new note
You must be logged in to post a comment.