Monthly Archives: May 2017

May 2017

Economic Outlook – 28 May 2017

2017-05-28T19:49:56+00:00

US New and existing home sales in April were released and both slipped further than expected. New homes sales were down 11.4% on the month and existing sales were down by 2.3%. April’s 569,000-unit pace of new home sales follows an upwardly revised 642,000-unit pace in March which marks the cycle-high for the series. Sales [...]

Economic Outlook – 28 May 2017 2017-05-28T19:49:56+00:00

Economic Outlook – 21 May 2017

2017-05-28T19:54:07+00:00

US Industrial production jumped 1.0% in April, surpassing expectations for a more modest increase. The series is now 2.2% above its year-ago level, which marks the strongest pace since 2014. The report details showed broad-based strength, as production rose across most household and business goods. Notably, manufacturing output climbed 1.0% on the month, and with [...]

Economic Outlook – 21 May 2017 2017-05-28T19:54:07+00:00

Man vs. Machine

2017-08-30T16:21:35+00:00

Guest Post by Monogram Capital Management. The overwhelming and indeed frequently published evidence that active funds across all asset classes are the poorly performing cousins of their passive rivals should come as no surprise given the large number of clever researchers doing their earnest best to ensure market efficiency1. Furthermore, the gold standard investment management [...]

Man vs. Machine 2017-08-30T16:21:35+00:00

Economic Outlook – 14 May 2017

2017-05-14T19:32:18+00:00

US The National Federation of Independent Business (NFIB) Small Business Optimism Index kicked off the week with a small decline of 0.2 points in April. The decline was led by a drop in expectations for improvement in the economy, which fell 8 points following the initial unsuccessful attempt to replace the Affordable Care Act. Despite [...]

Economic Outlook – 14 May 2017 2017-05-14T19:32:18+00:00

Economic Outlook – 7 May 2017

2017-05-07T21:53:50+00:00

US The ISM manufacturing index showed factory sector activity had cooled a bit in April. The reading of 54.8 was the third consecutive decline and was lower than consensus. At 54.8, however, the index remains firmly in expansion territory and signals a clear improvement relative to the past couple years. The ISM’s service sector counterpart [...]

Economic Outlook – 7 May 2017 2017-05-07T21:53:50+00:00

The US is ‘Not out of the Game’

2017-05-19T06:15:47+00:00

Guest Post by Monogram Capital Management. Since the beginning of April, we have seen a dramatic about turn in US political economy on a number of fronts and these may prove to be as influential as any other macro developments which may occur in 2017. Within one week Mr Trump, the arch political isolationist, economic [...]

The US is ‘Not out of the Game’ 2017-05-19T06:15:47+00:00