The upcoming report for June is forecasting housing starts to reach approximately 1.078 million units (seasonally adjusted annual rate), based on The Capital Spectator’s analysis of various econometric estimates. This figure indicates a modest increase in residential construction activity compared to the previous month.
Continue reading
Small-cap and value stocks are theoretically expected to deliver significant premiums over their large-cap and growth counterparts. However, translating this theory into actual profits can be quite challenging in the short term.
Continue reading
● US industrial output rose in June, though manufacturing remains flat…
● Fed Chair Yellen indicates a potential rate hike this year…
● NY Fed index shows a slight uptick in manufacturing activity for July…
● Mortgage applications in the US declined by 1.9% in the week ending July 10…
● Greece has reluctantly implemented austerity measures in exchange for bailout funds.
In June, US industrial output saw its first monthly increase since March, as reported in the latest update from the Federal Reserve. Production rose by 0.3%, the highest monthly gain since last November. This could signal stabilization in the industrial sector after months of slowing growth. However, it’s difficult to draw firm conclusions from just one report. Nonetheless, today’s figures may suggest a slightly brighter outlook for industrial activity.
Continue reading
How is your globally diversified strategy performing these days? If you’re facing challenges, you’re not alone; the headwinds are strong. For the first time in recent memory, a significant majority of the major asset classes are experiencing losses over the past year. Consequently, broad asset allocation strategies are struggling, especially when compared to their impressive performance in recent years.
Continue reading
● US retail sales unexpectedly dropped with a 0.3% decline in June…
● The optimism of US small businesses took a hit in June as well…
● KC Fed President, a voting FOMC member, stated it’s “time” to begin raising rates…
● However, a “growing body of evidence” indicates the US economy is slowing again, according to Markit economists writes…
● Meanwhile, China’s economic growth exceeded expectations with a 7% increase in Q2.
US industrial production is anticipated to rise by 0.1% in tomorrow’s June report compared to the previous month, according to The Capital Spectator’s average forecast based on multiple econometric estimations. This average prediction suggests a slight recovery following a 0.2% decline in May.
Continue reading
According to the US Census Bureau, retail sales dropped by 0.3% in June compared to the previous month. This decline sharply contrasts with Econoday.com’s consensus forecast, which predicted a 0.3% increase. This disappointing report highlights the challenges facing the economic recovery in gaining momentum after a decline in GDP in the first quarter.
Continue reading
The risk of a Grexit has subsided, a nuclear deal has been reached with Iran, China’s stock market is recovering, and the US economy is expected to achieve a modest growth rate of over 2% in Q2. Taken together, these developments strengthen the case for a possible rate hike by the Federal Reserve in September.
Continue reading
● Western powers have come to a nuclear agreement with Iran…
● This news has negatively impacted oil prices…
● Meanwhile, US GDP growth for Q2 is predicted to exceed 2%…
● A Fed rate hike is seemingly on the horizon…
● However, global business confidence has dipped to a six-year low.
