Highlighting a chart from the September Macro Slide Deck
We often get asked where we are in the economic cycle.
Read MoreWe often get asked where we are in the economic cycle.
Read MoreThe curve inversion starts a very long countdown clock to both a recession AND record highs.
Read MoreThere were no significant moves today with early attention on China trade headlines and the S&P 500 (SPX) finishing the day down -0.01%. There was a bit of rotation…
Read MoreLast week the markets had a second straight positive finish. This week we will get a good look at the underlying economic data before the Fed’s 2-day meeting, starting…
Read MoreThe S&P 500 (SPX) continued it's positive trend this week. There was definitely a risk-on atmosphere in this week's trading as tech rallied. Additionally, the 2-10 spread finished positive…
Read MoreThe U.S. economy added fewer jobs than expected in August with some downward revisions to the July data.
Read MoreToday it seemed like the market was just following the China headlines, but it meant more to us. The S&P 500 (SPX) was up 1.30% bringing it within an…
Read MoreNow it is time to get excited. Yesterday, we noted the S&P 500 Index (SPX) had been stuck in a short-term trading range. Today, the SPX broke out of…
Read MoreEarlier this week the Institute for Supply Management (ISM) reported that U.S. manufacturing slipped into contraction territory for first time in three years.
Read MoreNot surprisingly, the Bureau of Labor Statistics (BLS) reported this morning that second quarter productivity slowed from Q1.
Read More