December 4, 2023 | U.S. Gross Domestic Product (GDP) exceeded expectations, surging +5.3% thanks to robust consumer spending and inventory restocking.
Why It Matters: This underscores the economy’s resilience driven by consumer spending – an indicator of sustained economic dynamism.
Source: SoberLook
November 20, 2023 | Mexico’s economy is bustling, with auto exports and manufacturing production at unprecedented levels.
Why It Matters: The rapid shift to friend-shoring is is underway. This likely spells great economic news for Mexico and other Latin American countries.
Source: SoberLook
...November 20, 2023 | Commercial real estate and the forgotten office building are under pressure as loan delinquencies increase.
Why It Matters: There’s a consensus this is a troubled area post-Covid, and rising interest rates compound these problems, need to keep an eye on it.
Source: Torsten Slok
...November 20, 2023 | Presidents Xi and Biden met this week, aiming to reduce tension after years of rising strains.
Why It Matters: Rebuilding this relationship is key. The U.S. needs consensus on geopolitical issues in Ukraine and Israel, while China aims to revive its slowing economy. Source: SoberLook
...November 20, 2023 | U.S. Stocks gained +2% last week, buoyed by weaker-than-expected inflation and manufacturing prices.
Why It Matters: With inflation falling faster than expected, additional Fed rate hikes are likely in the rearview mirror. Source: SoberLook, Source Financial Advisors
...August 28, 2023 | Manufacturing construction is on the rise, catching attention of many.
Why It Matters: This uptick is largely attributed to the tech sector, which aligns with a recent government bill to boost chip production. Without this, would we see the same surge? Source: dailychartbook