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Economic Commentary – November 11, 2024

It is admittedly difficult currently to find economic analysis that is not tinged with unwarranted political commentary. As Federal Reserve Chairman Jerome Powell stated in his press conference last week

Economic Commentary – November 4, 2024

The interest rate decision coming up this Thursday by the Federal Open Market Committee (FOMC) of the Federal Reserve is front-and-center, especially following a number of mixed signals in the

Economic Commentary – October 28, 2024

After two marginally interesting weeks of US economic data, patient observers will now be rewarded with almost more than can be readily absorbed. Multiple measures of growth, most of which

Economic Commentary – October 21, 2024

Following the widely-anticipated European Central Bank rate cut last Thursday, virtually every member of the decision-making body will be giving speeches this week, some of which might even usefully explain

Economic Commentary – October 14, 2024

The US housing market is increasingly a focus of attention, with falling mortgage rates raising expectations for increased sales activity. Specifically, it is hoped that falling rates will free up

Economic Commentary – October 7, 2024

This week largely will be about last week. After numerous Federal Reserve officials (as expected) tamped down expectations for 50 bps rate cuts as the “new normal,” Friday’s boffo nonfarm

July 22, 2024 – Economic Commentary

As the Federal Reserve steps gingerly towards its next interest rate decision at the FOMC meetings scheduled for July 30-31, the data released this week will be critical. Markets do

July 15, 2024 – Economic Commentary

You are excused if you are feeling like you have a bad case of adult-onset ADD. It is hard to keep focused at the moment. However, this is precisely when

July 8, 2024 – Economic Commentary

The U.S. economy is slowing down. Nonfarm payroll numbers for June, released last Friday, were accompanied by a downward revision in the numbers for May and April. When combined with

July 1, 2024 – Economic Commentary

Any fireworks over the next few days will likely be confined to the traditional variety, not those of an economic sort. However, this is mainly because the cache of economic