Tag Archives: Federal Reserve

Chart of the Week: Is QE Driving Economic Growth?

LSA would like to offer a special thanks to renowned economist Brian Wesbury for taking the time to update us on his thoughts of his self-coined ‘plow horse’ economy. In this update, Wesbury addresses the notion that, in our current … Continue reading

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

Weekly Economic Update

Economic Update 5-12-2015 Economic reports last week were led by a decent ISM non-manufacturing report, low levels of jobless claims and a decent but unexceptional employment situation release—uninspiring enough to keep markets hoping for continued easy Fed policy beyond June. … Continue reading

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

Weekly Economic Update

Economic Update 5-04-2015 The economic picture last week was colored by a poor U.S. GDP release for the first quarter, as well as acknowledgment by the FOMC of slowed conditions.  However, other data, such as the ISM and Chicago PMI came in mixed … Continue reading

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

Weekly Economic Update

Economic Update 4-27-2015 In a light week for economic releases, durable goods came in somewhat better than expected, led by aircraft orders, while housing also showed some mixed signs of life.  Housing has been sporadic over the last few years, which … 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

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

Weekly Economic Update

Just in time for spring break, last week’s economic data seem to suggest that the economy is bouncing back after two months’ of extreme weather. (-/0) Empire State Manufacturing Survey in March suggested business conditions for New York manufacturers continue … Continue reading

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

Weekly Economic Update

(+) Retail sales for November came in stronger than expected, gaining +0.7% for the month versus an expected +0.6%.  More specifically, the ‘core’ number, that excludes volatile results from autos and gasoline, rose +0.5% relative to the expected +0.3%, and … Continue reading

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

Fed Note

We didn’t expect a lot from this relatively minor Fed meeting, one that doesn’t even offer a press conference afterward.  With QE taper expectations being pushed off again to at least December or January, as well as a 16-day government shutdown that resulted in … Continue reading

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

Weekly Economic Update

(+) Like its manufacturing counterpart the previous week, the non-manufacturing ISM improved more than expected for July, from 52.2 to 56.0, outperforming the median consensus estimate of 53.1.  Core business activity improved to over 60, coupled with gains in new … Continue reading

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