Three thoughts on today’s FOMC meeting and Chair Powell press conference for “Data”: #1: Powell’s comments reminded us of an important fact that doesn’t get enough attention: the Fed is…
Month: September 2021
Urban Unemployment, Slow RTO, Used Car Inflation
With capital markets a bit calmer today, we’ll update a few important macro topics we have been tracking in recent months. #1: Regional trends in US unemployment. While the national level…
What 1987 Says About 2021
This month’s US/global equity volatility after a strong January – August performance will spark inevitable comparisons to 1987. Some are fair and some are less so; we’ll cover both here. As…
Time to Worry About Q3 Earnings?
We’ll focus today’s Data section on just one topic: why are Wall Street analysts reducing their Q3 US corporate earnings expectations and what does that mean for equity prices? Here is…
Comparing US/UK Post-Pandemic Social Trends
Every country is recovering from the pandemic in its own unique way, but the US is remaking its economy much differently than other developed nations. One reason is due to the…
US Inflation: 4 Takes
We’ll dedicate today’s Data section to the Consumer Price Index report out this morning as well as related topics regarding US inflation. Four points: #1: CPI inflation remains concentrated in…