Archives for September, 2021

  1. September 27, 2021

    It’s going to be a heavy week of American politics that will certainly have some impact on our equity markets. We previewed some of that volatility last week when U.S. equities sold off dramatically only to rally back. [i] Some of that sell off early in the week was… More >>

  2. September 20, 2021

    Upcoming legislative chaos will put the Fed in a pretty tight box when it comes to tapering bond purchases—despite great retail sales numbers in August and improving consumer sentiment according to the University of Michigan survey. [i] [ii] The House Ways and Means… More >>

  3. September 13, 2021

    U.S. GDP is on a trajectory that suggests Q3 growth will come in significantly lower rate than when we started the quarter. Going from an expected 6.1% growth rate to 3.7% is a 40% reduction—which is no small matter. [i] The component parts of GDP have been weakening… More >>

  4. September 7, 2021

    The August jobs report was an unmitigated disappointment relative to expectations. The U.S. economy added 235k jobs in August—well below the consensus estimate of 733k jobs. It’s also the lowest number of jobs being added in a month since January when the U.S economy… More >>