Notes You Need for March 7: Tax season stocks, HRB, interest rates, Dutch election, trade deficit, Q1 GDP, VIX, consumer credit
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Notes You Need for February 28: GDP, trade deficit, housing prices, TGT, retail stocks
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Notes You Need for January 5: dollar, euro, oil inventories, natural gas, ISM services index, GDP, SHAK, INCY
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Tomorrow morning brings second estimate on third quarter GDP: There’s a chance for good news
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Third quarter GDP climbs enough to support December interest rate move by the Federal Reserve
U.S. GDP grew at a 2.9% annualized rate in the third quarter, the Department of Commerce announced today. Economists surveyed by Bloomberg were looking for 2.6% growth. This follows on 1.4% growth in the second quarter.
Advance warning: Tomorrow morning is going to be busy
Earnings reports from Amazon (AMZN) and Alphabet (GOOG) after the close today. Earnings from ExxonMobil(XOM) before the open tomorrow. The advance report on third quarter U.S. GDP at 8:30 a.m. New York time tomorrow. Yep, the financial markets in New York are going to have a lot to digest when they open on Friday morning.
Saturday Night Quarterback (on a Monday) says, For the week ahead expect…
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Better than a poke in the eye with a sharp stick: U.S. GDP growth revised up to 1.1% in the first quarter
This morning the Commerce Department announced that it had revised its estimate for first quarter GDP growth up to 1.1%, from an earlier estimate of 0.8%. This is the last of three estimates for first quarter GDP. The median projection for this revision of first quarter GDP growth by economists surveyed by Bloomberg called for 1.0% growth.
First quarter GDP looks weak for third consecutive year
U.S. financial markets have apparently decided that the disappointing first quarter GDP data released this morning are just another example of first quarter weakness. It’s the third straight first quarter GDP read that has shown a U.S. economy headed toward stagnation–and in each case the economy recovered to show better growth in the rest of the year.
Federal Reserve says just enough to keep June interest rate increase on the table
Look to tomorrow’s GDP numbers to see if the first quarter upsets the Goldilocks story that the financial markets have been reading lately. That story has included just enough economic growth to keep stocks moving higher but not enough growth to prompt the Fed to move quickly on another interest rate increase for 2016.
Adding 2+2 from GDP and the Fed
This morning the Bureau of Economic Analysis reported a revised increase of 1.4% for fourth quarter GDP. The previous estimate had been 1%. Of course, the Fed knew this was coming