Consumer
63 posts
Fork In The Road
It was another day of recession jitters in the stock market as the CEOs of Bank of America and Wells…
Soft Landing
The bears disparaged yesterday's stock market rally claiming that Fed Chair Jerome Powell's speech at the…
Consumers Aren't In the Mood for a Recession
The Atlanta Fed's GDPNow model estimate for real GDP growth during Q4 is 4.4% today, up from…
What Is The Stock Market Discounting Today?
The stock market is ripping this morning despite disappointing earnings reported by some of the S&P 500'…
Consumers Are Still Consuming
So far, consumers haven’t read the recession memo. They are spending freely, according to MasterCard SpendingPulse, which found that…
Slow Moving Economy
August's industrial production and inflation-adjusted retail sales reports today show that the US economy is growing, but just…
Watching The Pump Price
Everyone who drives a car or rides in one knows the price of gasoline on a daily basis. The sharp…
Consumers Have Nothing To Fear But The Future
Consumers are looking into their crystal balls and they don't like what they see. Even though the present…
Goldilocks & the Fed
Was today’s June employment release a Goldilocks report? Payroll employment rose 372,000, and wages increased 0.3%—not…
It's (Unofficially) a Recession!
The economy continues to teeter on the edge of a recession. The Atlanta Fed's GDPNow tracking model shows…
May's Retail Sales Depressed Q2's Real GDP
May's retail sales was weak in current dollars (-0.3% m/m) and even weaker in real dollars…