Recession-Hard/Soft Landing
Global Equities Will Lag Bonds…
The Surge In Chinese Exports Is Likely Unsustainable…
US Small Business Optimism Unexpectedly Declined In August…
UK Wage Growth Decelerates…
The ECB Will Cut Rates This Week; The Next One Is More Likely To Come In December Than October…
August Payrolls Presage Higher Unemployment Rate…
25 Or 50 Bps?
25 Or 50 Bps…
This morning's employment report, particularly the downward revisions to prior months, strengthens our conviction that the US economy is headed for recession.
In this Special Report, we analyze the behavior of economic data leading up to US recessions and discuss some common patterns.
Our Portfolio Allocation Summary for September 2024.