by admin | Apr 30, 2019 | Individuals, Institutions, Macro Snippets
The advance estimate for first quarter real GDP came in at 3.2% and surprised on the upside. This is above the consensus estimate by market participants. The two federal reserve bank nowcast models also projected lower economic growth for the quarter. As a...
by admin | Mar 29, 2019 | Individuals, Institutions, Macro Snippets
The 3 month-10 year portion of the yield curve has inverted. Many consider this to be the tell tale sign for an economic recession in 12 to 24 months. However, some observers consider the 2 year U.S. treasury yield curve to be the better indicator. Either way,...
by admin | Dec 3, 2018 | Individuals, Institutions, Macro Snippets
There has been a great deal of uncertainty and anxiety pertaining to the number of Fed rate hikes remaining now that they have completed eight 25bp hikes since December 2015. We took recent public speeches and interviews from Chairman Powell and Vice-Chair Clarida to...
by admin | May 3, 2018 | Individuals, Institutions, Macro Snippets
On April 27th, the Bureau of Economic Analysis (BEA) released its “advance estimate” for the 2018 Q1 real GDP[1] at 2.3%. The “second” estimate, based on more complete data, is expected on May 30, 2018. BEA affirmed the fourth quarter real GDP at...
by admin | Nov 21, 2017 | Individuals, Institutions, Macro Snippets
On November 15, 2017, the Bureau of Economic Analysis (BEA) released its Consumer Price Index showing the Consumer Price Index for All Urban Consumers (CPI-U) rose 0.1% in October on a seasonally adjusted basis. Over the last 12 months, the all items index rose 2.0%,...
