Category Archives: Economic News

2015 LSA Market Outlook

2015 LSA Market Outlook:   LSA has posted our 2015 Market Outlook video and presentation: These views represent the opinion of the Asset Allocation Committee and are informed by subjective assessment of the relative attractiveness of asset classes and subclasses … Continue reading

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Chart of the Week: Pre-Election Year Historically Positive

Chart of the Week: Pre-Election Year Historically Positive The chart shows the average trend of the DIJA for each period of the 4 year election cycle from 1897-2011. By far the best year, on average, has been the “pre-election” year, … Continue reading

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Weekly Economic Update

Economic Update 12-29-2014 During the holiday-shortened trading week, we received some upbeat economic news: The Q3 real GDP growth rate was revised up significantly more than expected, consumer confidence reached the highest level in eight years, and seasonally adjusted initial … Continue reading

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Weekly Economic Update

Economic Update 12-22-2014 Last week’s domestic economic data were mixed.  Good news came from the stronger industrial production report in November and lower than expected jobless claims. Disappointing news came from December’s Empire manufacturing report, slightly worse than expected housing … Continue reading

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Fed Update

Fed Update:   The FOMC finished their final meeting of the year today, and offered no substantive changes now that the taper has already completed and there isn’t much to tweak—other than raise interest rates, which they didn’t do (no … Continue reading

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Chart(s) of the Week: The Currency Crisis in Russia

Chart(s) of the Week: Currency Collapse in Russia   Due to plummeting oil prices and economic sanctions, the Russian ruble has lost about half its value to the dollar this year, losing about a quarter of that in the last … Continue reading

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Weekly Economic Update

Economic Update 12-15-2014 The economic releases were focused on retail sales (which came in as a slight positive surprise), and several sentiment surveys, which also came in more positively than expected. However, oil prices were the most closely watched and … Continue reading

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Chart of the Week: Is the Decline in Oil Prices Renewing Deflationary Concerns?

Chart of the Week: Is the Decline in Oil Prices Renewing Deflationary Concerns? As oil prices continue their near 40% decline over the past few months and the global economy remains weak, inflationary expectations are beginning to experience their biggest … Continue reading

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Weekly Economic Update

Economic Update 12-08-2014 Several key economic reports came through last week, including better-than-expected ISM Manufacturing and Non-Manufacturing reports, Stock markets in the U.S. were generally higher on the week on better economic and employment situation report news, while bonds suffered … Continue reading

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Chart of the Week: US Manufacturing Renaissance

Chart of the Week: The U.S. Manufacturing Renaissance   Despite the negative sentiment coming from the media, US manufacturing activity is at better than three year highs with no signs of slowdown. Although this sparks more optimism for the U.S. … Continue reading

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Weekly Economic Update

Economic Update 12-01-2014 Despite a holiday-shortened week, there were several major releases—the more important of which surprised a bit on the upside. S. GDP was revised substantially higher from the first estimate while other releases, such as durable goods, PMI … Continue reading

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Weekly Economic Update

Economic Update 11-24-2014 A busy week of economic data releases: modest weaker industrial production and below consensus expected capacity utilization in October; absent deflationary risk, both domestic PPI and CPI in October came in slightly above the consensus expectation, but … Continue reading

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