February 6, 2023 | Daily JAM, Morning Briefing |
Eurozone retail sales dropped by 2.7% in December from a month earlier. November retail sales rose 1.2% from October. Economists were looking for a 2.4% month-to-month drop in December so these results were worse than expected. (The EuroZone figures are adjusted for inflation.) Retail sales decreased by 2.8% in December of 2022 on a year-over-year basis.
August 12, 2019 | Daily JAM, Morning Briefing |
Brazil's central bank released a key gauge of economic activity today that signaled that it's likely Brazil fell into recession in the second quarter. The country’s economy activity index, which is a proxy for gross domestic product, fell 0.13% in the second quarter...
July 25, 2019 | Daily JAM, Morning Briefing, Short Term |
U.S. stocks paused as expected today ahead of tomorrow's initial report on growth in U.S. GDP for the second quarter. Economists surveyed by Briefing.com are expecting that GDP growth dipped to 1.8% year over year in the quarter, down from 3.1% in the first quarter....
July 24, 2019 | Daily JAM, Morning Briefing, Stock Alerts |
Caterpillar (CAT) reported second quarter earnings this morning of $2.83 a share, well below the $3.11 a share expected by Wall Street analysts. And then, to make the future as grim as the present, Caterpillar rearmed its earnings guidance for the fiscal 2019 year of...
February 13, 2019 | Daily JAM, Mid Term |
The 19-country EuroZone economy could expand by just 1% in 2019 with industrial production falling at the fastest rate since the global financial crisis. This time it's the core economies of Germany and France, which together make up about half of the EuroZone...
