U.S. stocks rally as Fed reminds investors that bad news on jobs is good news on rates
Remarks this morning by New York Federal Reserve president William Dudley reminded markets that Friday’s disappointing jobs numbers for March were actually good news
Saturday Night Quarterback 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...Atlanta Fed forecasts 0% GDP growth for the first quarter
Yesterday, the Atlanta Fed’s GDPNow model daily forecast dropped to show 0% growth year over year for the quarter that ended on March 31
Final revision of fourth quarter GDP adds to worries about earnings
A slight disappointment on the final estimate for fourth quarter GDP. This revision kept U.S. economic growth pegged at 2.2%. But today’s revision isn’t enough to move the consensus on growth for 2015
I see signs of a month of weakness in U.S. equities ahead on growth worries
I am not talking about crashes or bear markets or even a 10% correction. But I do see increasing risk of a further retreat from 2015 highs.
Strong U.S. economic data pauses the euro rally
For the day, at least, strong economic news from the United States has sent the euro into retreat against the U.S. dollar.
Saturday Night Quarterback 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...U.S. stocks bounce back–but tomorrow will tell if this is just a bounce
If the S&P 500 can finish the day above 2060, then tomorrow’s action will tell us whether the bounce of the last two days can turn into a recovery of all the lost ground for 2015.
Stronger than expected February job growth continues dip in U.S. stocks
The economy added more jobs than expected in February—295,000 vs. projections of a 240,000 increase—and U.S. stocks have tumbled on the news
U.S. GDP growth revised downward again–but trends in consumer spending and business investment look solid
The important trends in this morning’s GDP revision were an uptick in business investment and the strongest annual growth in consumer spending since 2006