U.S. Outlook: Encouraging signs of growth still evident

Chief Economist

“Better than expected” is a phrase you will hear often about this October’s economic data. Is the U.S. economy on the cusp of a meaningful acceleration? Below is a brief summary of my weekly analysis, followed by a link to the full report, delivered on Nov. 22, 2013. (Note: This report covers two weeks; there […]

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Instant Analysis: October FOMC minutes

Chief Economist

Key observations: October FOMC minutes were not dovish enough for markets. Solid jobs reports could trigger tapering announcement in January. The minutes of the October FOMC meeting were not dovish enough for the markets to sustain their recent rally. Both stock and bonds sold off in the afternoon following the release of the minutes. The […]

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U.S. Outlook: A stronger October if you believe the PMIs

Chief Economist

October’s Purchasing Manager Indexes (PMIs) and employment report are two big factors in the economy right now, and I discuss their influences in this week’s U.S. Outlook report. Below is a brief summary followed by a link to the full report, delivered on Nov. 8, 2013. Key observations: U.S. economic momentum may have outweighed the […]

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U.S. Outlook: The pause that refreshes?

Chief Economist

In this week’s U.S. Outlook report, I consider the Fed’s continuing asset purchases and what it could mean for your finances. Below is a brief summary followed by a link to the full report, delivered on Nov. 1, 2013. Key observations: Since September Fed meeting, mortgage rates have dropped by about a half a percentage […]

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