Treasury Bond Buybacks, a 2.9% Growth Estimate, and the Housing Market’s Reversal
Each week I pull together the economic and market data [...]
Retail Sales Miss, Consumer Sentiment Splits by Income, and Factory Surveys Hit Multi-Year Highs
You will see two different economies in this week's data. [...]
July Payrolls Contract While Earnings Beats Reach Record Breadth
July's economic data told a split story. Nonfarm payrolls unexpectedly [...]
Record Earnings Beats, a Data Center Map, and an AI Version of the Fed
This week's numbers pull in different directions, and that is [...]
The Gap Between How Consumers Feel and What They Spend
If you only read the sentiment surveys, you would think [...]
Market Concentration Now Exceeds the Dot-Com Peak
Just 24 stocks now account for half the total market [...]
Earnings Growth Without Tech Hits Multiyear Highs, Plus June Inflation Data and Q2 GDP Tracking
This week's roundup covers the data behind the headlines. The [...]
The US Economy This Week: Growth, Markets, and a New Direction at the Fed
The US economy is running through its sixth-longest expansion on [...]
GDPNow Cut in Half, Strong Equity Flows, and a Fed Holding Its Guidance
This week's data pulled in several directions at once. The [...]
Why Consumers Say One Thing and Spend Another
A look at the gap between gloomy consumer sentiment [...]
