The U.S. Consumer would appear to be taking a more cautious approach to their spending habits compared to last year’s holiday shopping season. However, there may be a reversal in trend coming.
Black Friday sales were down by 1.5% over last year’s numbers according to… More >>
Here is what we can put in the books at this point in the year.
1) Third Quarter earnings per share continue their shrinking trend, putting us in an earnings recession for the first time since 2009. With only 19 companies left to report for the S&P 500, it's likely… More >>
The events in France on Friday have reminded the world we are in dangerous and unpredictable times. Americans need little reminder, as the horror of the 9-11 attacks are etched into our collective memories.
France will now likely follow in the footsteps of America as… More >>
If there ever was a confirming indicator for the Fed to start raising rates in December, the Jobs Report released this past Friday was it. [i]
After many months of a declining trend in labor, October was a breakout month for the US labor force. The US economy added… More >>
The economy slowed in Q3 from its growth trajectory in Q2.
Overall U.S. GDP only grew at a 1.49% pace down from 3.92% growth in Q2. The good news is the consumer continued to show very strong performance. [i]
Consumption, which makes up about 70% of the US economy… More >>