— US consumer inflation was up 9.1% annualized in June, the highest yearly rise since 1981, with nearly half of this due to higher energy costs...
Top-of-mind economic news as we start the week: — The US economy added 372,000 new jobs in June vs. 250,000 expected; with the unemployment rate...
How inflation can lead to recession. By David Baker, Senior Director, Investment Research.
Inflation and the Fed’s response have started to take a toll on consumer spending, making a US recession more likely.
Top-of-mind economic headlines as we start the week: — US manufacturing activity weakened in June to a two-year low as new orders contracted, re...
Top-of-mind economic news as we start the week: — The IMF lowered its forecast for US GDP growth to 2.9% for 2022 and 1.7% for 2023; latest...
Last week was a historically bad week for the markets. I would like to offer some additional perspective on the magnitude of what is happening as head...
Top-of-mind news as we start the week: — The Federal Reserve raised its key lending rate by 75 basis points, biggest increase since Nov. 1994, a...
— US consumer prices were up 8.6% annualized in May, the highest rate since 1981; however, “core” inflation (minus food & energy...
