Top-of-mind headlines as we start the week: — The US economy added only 210,000 jobs in Nov. vs. 573,000 expected, with retail, leisure and hospitability the weakest sec
Headlines to start the week: — Housing starts fell 0.7% MoM in October, while building permits rose 4%. A sign that homebuilders are having trouble acquiring materials a
Headlines to start the week: — A new covid variant, named Omicron, was identified in South Africa. This prompted short term travel bans to the region by several countrie
Headlines to start the week: — U of Michigan Consumer Sentiment Index hit its lowest level (66.8) since November 2011, on escalating inflation, higher inflation expectat
Headlines discussed at LNWM’s Monday morning briefing: — The world’s largest trade deal, know as the Regional Comprehensive Economic Partnership or RCEP, will t
Headlines discussed at LNWM’s Monday morning briefing: — The US economy grew 2% annualized in 3rd quarter 2021, much lower than the 2.6% expected and the slowest p
— Initial and continuing jobless claims hit pandemic era lows as enhanced unemployment benefits fade. — The S&P 500 hit an all-time record high on Thursday bef
— New claims for US unemployment benefits totaled 293,000 for the week ended 0ct. 9, the lowest weekly level since August 2021. — A key gauge of US consumer sentim
— The US Congress agreed to raise the federal debt ceiling by $480 billion until Dec. 3; new negotiations will take place then unless a budget deal is reached. — 1
