Tag Archives: S&P 500

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

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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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Weekly Economic Update

Economic Update:   Economic data in the industrial production and retail sales areas, in particular, was stronger than expected and fueled hopes that the cold winter doldrums are behind us in favor of a more ‘productive’ spring. In a short … Continue reading

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Weekly Economic Update

Economic Update:   It was a light week for economic data.  The few releases that did appear were positive on the employment front; however, a few showed some imported inflation. Equity markets struggled with momentum stocks (those that led the … Continue reading

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Weekly Economic Update

The week was highlighted by a fair number of important industrial reports, as well as the closely-watched Fed meeting.  Unfortunately, there wasn’t enough decent news to offset emerging market-led concerns. (+/0) As we recapped separately mid-week, the FOMC continued the … Continue reading

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Weekly Economic Update

After a fairly busy week, the MLK holiday led off a quieter one in terms of economic data releases. (-) The Markit manufacturing PMI fell from 55.0 in December to 53.7 in January (versus expectations for an unchanged reading).  Within … Continue reading

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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

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Weekly Economic Update

(+) Retail sales rose +0.4% for October, which exceeded expectations of a +0.1% increase.  Removing the usually volatile automobile, gasoline and building materials components pushed the gain up to +0.5%, which also outperformed the consensus forecast of +0.3%.  The monthly … Continue reading

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Weekly Economic Update

Despite the Labor Day-shortened week, several important releases kicked off the fall market season (traditionally the week where everyone on Wall Street gets ‘back to business’). (+) The ISM manufacturing index for August came in better than expected for August, … Continue reading

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