Consumer
ISM Services PMI Expands Modestly For Second Consecutive Month…
Beige Book Shows Signs Of Slower Employment…
Labor Demand Softens In July (And In June…
Already Optimistic Earnings Expectations Continue To Improve…
Our annual end-of-summer chartbook report traces the labor market deterioration that led us to downgrade equities at the beginning of August. It also highlights the soft-landing expectations that the credit and equity markets are discounting. We like the risk-reward profile of our newly defensive stance.
Savings Rate At 16-Year Low Casts Doubt On US Spending’s Sustainability…
Q2 US GDP Revised Upwards On Stronger Consumption…
How The US Could Cheat A GDP Recession…
Can Rate Cuts Save Housing, And The US Economy…
Can Fed Rate Cuts Prevent A Recession…