October 17, 2022 | The U.S. consumer has been a lynchpin of the economy; The savings they accrued during the pandemic have helped drive the continued spending in these challenging markets.While savings have been drawn down, there is still ample dry powder left. Source: Torsten Slok
...October 10, 2022 | U.S. Imports dropped for the 3rd consecutive month by -1.13% (month over month). We will be watching imports very closely to see if this trend continues. U.S. Imports are a great forward proxy for aggregate demand. Higher US demand = the more the U.S. imports. Source: Source Financial Advisors
...October 10, 2022 | The U.S. Jobs report showed signs of a looser labor market. The Fed wants lower inflation and labor markets are one of the key factors driving the Fed’s decision for continued aggressive monetary policy. Looser Labor Market = Lower Wage Gains = Lower Inflation Source: thedailyshot
...September 30, 2022 | Interest rate volatility increased to levels rarely seen, and the 10 year U.S. Treasury experienced its fastest change over a 3 month period in almost 20 years. Predicting the direction of interest rates is a difficult area to make tilts within a portfolio. Source: Source Financial Advisors
...September 23, 2022 | The Fed raised interest rates by +0.75% this week, and took a decidedly more sour view on the economy.Tune in each week for Source’s Weekly Four Pack meant to provide perspective and thoughtful insight on what we have seen throughout the week. Enjoy our 9.23.22 edition!
...September 23, 2022 | The US Dollar has increased by +15% YTD. While great for traveling abroad, it isn’t so great for US corporate profits, especially in select sectors who have more business abroad. Look for weakness in those sectors which are adversely affected by a strong USD. Source: @Quillintel, MorganStanley
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