September 1, 2017
CHART OF THE DAY – CONTINUED STRENGTH IN MANUFACTURING
This morning, the Institute for Supply Management (ISM) released their factory activity (manufacturing PMI) for August. The index rose to 58.8 from 56.3 last month and above expectations of 56.5.
August 28, 2017
The Economic Impact Of Harvey
Hurricane Harvey has been devastating. Karl explained on the Trey Ware Show what the economic impact of Harvey could be for not only Texas but the country.
July 28, 2017
Good, Not Great
The U.S. economy grew 2.6% in the 2nd quarter of 2017. In addition, it’s on pace for an overall growth rate of approximately 2.2% for the entire year. While it’s not near a recession, it’s certainly nothing to brag about.
May 1, 2017
Is The Economy Beginning To Slow? (Audio)
Karl discussed that this morning on the Trey Ware Show.
April 25, 2017
New Home Sales Reach A Post Recession High
Today, new home sales were released for the month of March. In March, there were 621,000 new homes sold.
April 18, 2017
Are Falling Interest Rates A Concern?
In the last couple of weeks, there’s been a flight to safety, namely in good ‘ole American treasury bonds. Just when you thoughts rates were going to go straight up, they have reversed are now at their lowest level since just after the election.
March 17, 2017
This Indicator Just Hit An All-Time High…And It’s Good For The Stock Market
Wall Street and the media tend to focus on only a small handful of economic indicators. But, there is one that is often overlooked or underappreciated. With over 5 decades of history, this particular indicator has predicted every recession over that time
March 8, 2017
Oil Takes A Tumble
In the last few months, regardless of the good or bad oil inventory reports, oil seemed to ignore it. In fact, there were plenty of days when the data wasn’t good and yet oil went up. Today was different.
February 15, 2017
Prices Are Rising At Their Fastest Pace In 5 Years
The Labor Department reported that consumer prices (CPI) in January grew at its fast pace since 2012 (based on year over year percentage change).
January 6, 2017
WAGES ARE RISING AND IMPACTING BONDS
This morning, the Labor Department released the December jobs figures. While the jobs added in December was less than expected, the previous month’s was revised up substantially. Embedded in the numbers was the average hourly earnings which stole the show today. Year over year, that number rose by 2.9%. This was the highest since 2009 and […]