Economic Outlook – 23 December 2018
US The relative lack of concern on the part of US Federal Reserve Chairman Jerome Powell surrounding the recent downdraft in risk asset markets during his post rate-hike conference on Wednesday sent markets tumbling to [...]
Economic Outlook – 16 December 2018
US US consumers are catching a break on inflation just in time for the holiday shopping season. After rising for seven straight months, the consumer price index was unchanged in November. Lower prices at the [...]
Economic Outlook – 9 December 2018
US The front-end of the yield curve inverted last week, with two- and three-year Treasury yields rising above the five-year yield.Given that many analysts view an inversion as an omen for an economic downturn, the [...]
Economic Outlook – 2 December 2018
US The US Federal Reserve has seemingly been on autopilot for the past two years, raising rates on a quarterly basis except in September 2017, when it announced plans to shrink the balance sheet. But [...]
Economic Outlook – 25 November 2018
US The biggest surprise last week in the US was the eight point drop in the National Association of Homebuilders (NAHB)/Wells Fargo Housing Market Index in November. This month’s plunge to 60 was the largest [...]
Economic Outlook – 18 November 2018
US The third quarter print of the US GDP data dominated an otherwise slow week of economic data. Real GDP topped consensus expectations and grew a solid 3.5% in Q3. The outturn represents a modest [...]