Author Archives: LSAConnect

Weekly Economic Update

Economic Update 4-13-2015 Economic data was light and results mixed last week with the ISM services report coming in a bit weaker, but jobs reports—JOLTs and claims—better than consensus.  The FOMC minutes generally read as expected, with differing views on the strength of the … Continue reading

Posted in Economic News | Tagged , , , , , , , , , , , | Leave a comment

Brian Wesbury ‘The Triple Mandate’

Listen to Brian Wesbury, Chief Economist at First Trust Portfolios, discuss a third mandate of today’s Fed that goes one step beyond maximum employment and price stability and why he believes we are still destined for a rate hike in June. This … Continue reading

Posted in Research | Tagged , , , , , , | Leave a comment

Chart of the Week: Is Job Creation Holding Back Rate Hike?

Chart of the Week Last Friday, the nonfarm payrolls numbers, a closely watched gauge regarding the employment market, for the month of March were announced at a disappointing 126,000 new jobs, a far cry from the 245,000 economists estimated. This … Continue reading

Posted in Uncategorized | Leave a comment

Weekly Economic Update

Economic Update 4-06-2015 Despite being a shortened holiday week, it was busy due to a number of economic data releases.  Good news came from upside surprises in factory orders, firmer housing data and a better consumer confidence reading; bad news … Continue reading

Posted in Economic News | Tagged , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Ben Bernanke Launches Blog

In the midst of all the uncertainty of Fed policy, former Federal Reserve Chairman Ben Bernanke made the following announcement: “Now that I’m a civilian again, I can once more comment on economic and financial issues without my words being … Continue reading

Posted in Research | Leave a comment

Weekly Economic Update

Economic Update 3-30-2015 Last week’s economic data was relatively lackluster, with sporadic results from durable goods, while housing came in similarly to slightly better than expected. Inflation remained slightly negative on a headline basis and below-average on a core level. Equity … Continue reading

Posted in Economic News | Tagged , , , , , , , | Leave a comment

Weekly Economic Update

Economic Update 3-23-2015 In a somewhat light week for economic reports, the FOMC meeting was the highlight—in which no action occurred, other than a subtle language change that stemmed the persistent rise in the dollar. Several housing reports showed lackluster … Continue reading

Posted in Economic News | Tagged , , , , , , , , , | Leave a comment

Chart of the Week: Fed Not Impatient

Chart of the Week This week’s charts are Dot Plots, a visual depiction of the expectations FOMC meeting participants hold of where the federal funds rate should be in different points in the future. The dropping of the term ‘patient’ … Continue reading

Posted in Research | Tagged , , , | Leave a comment

Fed Update

The FOMC, as expected, did not make any changes to policy, such as raising interest rates from current rock-bottom levels.  However, the tone of the statement was a bit more neutral towards the subject, compared to the accommodative language seen … Continue reading

Posted in Economic News | Tagged , , , | Leave a comment

Weekly Economic Update

Economic Update 3-16-2015 Economic reports of the week were highlighted by retail sales, which disappointed, perhaps with weather effects; consumer and business sentiment was a bit weaker upon a recent trend of higher gasoline prices; and import prices and inflation … Continue reading

Posted in Economic News | Tagged , , , | Leave a comment

Chart of the Week: The Forgotten Benefits of Active Management

  Chart of the Week These charts show the movement of the S&P 500 versus a couple of properly screened actively managed mutual funds during two periods of market downturn. With the S&P 500 soaring the past 6 years, it is … Continue reading

Posted in Uncategorized | 1 Comment

Weekly Economic Update

Economic Update 3-09-2015   Economic data last week was mixed, as ISM manufacturing and non-manufacturing reports showed expansion, albeit at a lessened rate than expected. Employment data was strong on Friday, in both payrolls and a lower unemployment rate, despite … Continue reading

Posted in Economic News | Tagged , , , , , , , , , , , , | Leave a comment