This week’s economic calendar will be dominated by the FOMC meeting announcement, forecasts, and press conference on Wednesday. Nearly unanimously, strategists are expecting the FOMC to raise rates by .25 […]
Friday’s constructive equity market performance was triggered primarily by a significantly stronger-than-expected June Employment Report. Non-farm payrolls came in at +213K versus Econoday consensus that was calling for +190K. May’s […]
Last week’s OPEC meeting provided for some interesting trading in energy markets, particularly on Friday. The production deal signed off on by OPEC on Friday allows for a nominal boost […]
Q1 earnings last week provided a much-needed counterbalance to the recent months-long move lower in equity prices. The results posted by large-cap technology shares–Amazon, and Facebook, in particular–offered significant relief […]
February’s Employment Report provided investors with confirmation that though we have continued to see robust employment growth thus far in 2018, inflation has remained in check. That combination fueled enthusiasm […]
Shutdown 2.0 Though US legislators did agree to reopen the Federal government after a three-day shutdown last week, nothing of any long-term legislative consequence was accomplished. In fact, the sticking […]
Last Friday the final monthly Employment Report of 2017 was released. It was widely interpreted as being a disappointment given the topline miss. For the month of December employment gains […]