Macro: Initial Claims — Strong employment translating to consumption
Strong employment translating to consumption continues to be the biggest positive contributor to GDP in Q4. Initial claims continue to signal all good for the economy. 202,000 was the 4th best week of the year. [...]
Macro: PPI — PPI and Powell fuel rally
PPI Goods = -1.5% PPI Services = 2.1% PPI FD = .9% PPI translation to the consumer: PPI FD Personal Consumption = 1.04% PPI FD Personal Consumption less Food and Energy = 2.2% PPI FD [...]
Macro: Treasury Statement
Last month the Federal Government spent $589B and ran a $314B deficit. To pay for the $314B they didn't have, they said they borrowed $261B from the public and drained their savings account by $73B. [...]
Macro: NFIB Small business trends — it’s all about expectations and outlooks
The headline index ticked down .1 to 90.6. This is the 23rd consecutive month of sentiment below the 50 year average of 98. The index surveys members of the National Federation of Independent Businesses and [...]
Macro: CPI — Coming down very slowly
Headline CPI came in at 3.12% in November, that's .11% lower than October. From September to October the headline dropped .46%. For the year, we've averaged a monthly drop of .29%. So the pace of [...]
Macro: Employment
Initial claims were up 1,000 to 220,000 and continue to not be a concern. Continuing claims on the week dropped below the 4-week moving average which was good to see. Challenger reported 45515 job cuts [...]
Year-End Financial Checklist
It seems like we just rang in the new year and here we are almost at the end of 2023. My dad told me the older I got, the faster things would go, and he [...]
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