U.S. Second-Quarter GDP Increased 4.1%… Growth missed expectations of 4.4%. The Bureau of Economic Analysis revised first-quarter GDP higher, from 2.0% to 2.2% What it means – GDP growth might ...
Archives for July 2018
Week In Review – July 23 2018
U.S. Retail Sales Up 0.5% in June, May Number Revised Up From 0.8% to 1.3%… Excluding car and fuel, sales rose 0.3%. What it means – The gains in June were good, but it was the revisions to the May ...
Week In Review – July 16 2018
President Trump Orders Trade Representative to Identify $200 Billion Worth of Additional Goods for Tariffs… After implementing 25% tariffs on $34 billion worth of goods we buy from China last week, ...
“He huffed and he puffed…”
Until recently the “trade war of words” seemed a lot like the wolf in “Little Red Riding Hood.” There was a great deal of huffing and puffing. Market pundits assumed all would end well with no real ...
Week In Review – July 9 2018
U.S. Economy Created 213,000 Jobs in June… The jobs total in May was revised higher by 21,000. Unemployment ticked up from 3.8% to 4.0%, reflecting more people participating in the labor ...