The ISM Survey Index Increased From 52.7% to 54.5% in the Past Month… This is the eighth straight month of gains in the service industries. What it means— Service industries are the thing, and they ...
Week In Review – June 12 2023
Initial Jobless Claims Jumped 28,000 to Two-Year High of 261,000… More than 11,000 of the increase was in just two states, California, and Ohio. What it means— With tech company layoffs, California ...
Week In Review – March 6 2023
Fedspeak Weighs on Markets in Both Directions… On Wednesday morning, Minneapolis Federal Reserve President Neel Kashkari said that he is open to raising his terminal rate estimate above 5.4%. On ...
Week In Review – January 3 2023
Initial Jobless Claims Turn Up, Continuing Claims Reach 1.71 Million, Highest Level Since February… Initial jobless claims inched up from 216,000 last week to 225,000. What it means— The initial ...
Week In Review – October 4 2021
Spending Measure Passes, But Remaining Debt Ceiling Issue and Taper Talk Sink Markets… The House passed a continuing resolution to authorize spending through December 3, avoiding a government shutdown ...