Weekly Economic Commentary
WEEK OF APRIL 26, 2024
The higher for longer narrative received more confirmation this week as key economic reports signaled an economy that continues to chug along and an inflation rate that stubbornly remains well above the Fed’s 2 percent target. Yet, the news could have been worse. At first blush, the headline GDP suggested that the economy’s growth engine…
Previous Weeks
WEEK OF APRIL 19, 2024
The notable baseball philosopher, Yogi Berra, purportedly said that’s making predictions is hard “especially about the future”. Federal Reserve officials, as well as investors, are learning that lesson the hard…
WEEK OF APRIL 12, 2024
The inflation dragon reared its head again, unsettling the financial markets and upending expectations of when, or even if, the Fed will lower interest rates this year. Clearly, Fed officials…
WEEK OF APRIL 5, 2024
They did it again. In what’s become a distressingly common occurrence, the Labor Departmentrevealed another upside surprise on the jobs front, revealing that the economy created an eyeopening 303 thousand…
Week of March 29, 2024
Like the Energizer Bunny, the US economy continues to forge ahead, expanding well beyond the expiration date that last year’s recession worriers thought would have arrived by now. Not only…
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