The Fed meeting kicks off in D.C. today. The monetary policy statement is due out tomorrow at noon our time, accompanied by the Summary of Economic Projections (A.K.A: the Dot Plot),…
This morning, Revelio reported that during the month of November there were a net cumulative 9,000 jobs lost. Revelio, like ADP, is calculating net job losses five out of the last seven…
The tried-and-true measure of inflation that the federal government monitors most closely is the Personal Consumption Expenditures (PCE) index, which was published this morning. The year-over-year headline number rose from 2.7% to…
I'm a pretty positive person. Despite nitpicking obscure statistics hinting at the generalized health of the economy, I believe that we create our own features and as we adhere to the…
The ADP Employment Report this morning was expected to show the creation of 5,000 new jobs last week. Instead we saw a net loss of 32,000. Small businesses were hit the…
This morning, Redfin published an article prognosticating a tremendous improvement in home affordability next year. They see a 3% increase in home sales and a "normalization of prices", with home prices…
President Trump announced that he has narrowed down his pick for the next Fed Chair to three candidates. So now, Kevin, Kevin, & Chris go head-to-head in a game called "Pick…
There are no substantive economic reports out this week. Nevertheless, interest rates are trending lower thanks to NY Fed President John Williams, who last Friday said that he believes interest rates…
The NAHB builder sentiment index was published today at a 38, up one point from last month. That's an improvement, but still 12 points away from 50, which is the…
The stock market is tiring of hanging on to all-time highs and taking a breather; the S&P is down 1/2% today so far. ADP is calculating that growth in the…
This morning's Empire State Index showed the cost of manufacturing goods on the East Coast have dropped, pushing sentiment of those polled up over 300% for the month. This is great…
The Bureau of Labor Statistics let us know this morning that they will not be releasing the Consumer Price Index tomorrow as normally scheduled. There's a gag order in place until the…
News out this morning is that the shut down might be coming to an end if the House and the President will sign off on the Senate's much debated negotiations.…
In the absence of the Jobs Report from the Bureau of Labor Statistics, economist are scrambling to procure reliable data from other sources. This week, ADP show that there were 42,000…
The Challenger Job Cuts Report that was published this morning shows there were 153,000 corporate layoffs in October, which is the highest level for this month in 22 years. Over…