1/31/19Foreign data came in mixed overnight, with China’s PMIs suggesting that its slowdown may be finding a bottom, and Eurozone GDP numbers looking okay,

Once playing, click the icon in the lower right corner for full screen. Focus should occur after a few seconds; if not, click the

1/30/19 Private payrolls came in at +213k, vs +174k consensus estimate, while pending home sales came in at -2.2%, vs +0.3% estimate. Mortgage purchase

If you’ve figured that the Q4 stock market plunge and the government shutdown has/had weighed on the consumer’s psyche, you’ve figured correctly. Today’s Conference

While global growth continues to wane, with Europe being no exception, European cyclical stocks are outperforming defensives (less economically sensitive) markedly. In essence, at

1/28/19 Fed meeting this week: No change in rates, “patient” and “data dependent” will be the message; a statement that they’ll use all tools

Once playing, click the icon in the lower right corner for full screen. Focus should occur after a few seconds; if not, click the

Once playing, click the icon in the lower right corner for full screen. Focus should occur after a few seconds; if not, click the

As long-time readers know, in addition to the data we track within our proprietary index, I maintain a “monthly trends” file where I simply

If I had a nickel for every time, over the past 34 years, a client asked me what I think about the prognostications of,