Don’s Notebook July 27, 2018
Report Notes:
GDP may have been soft in Q1, but today’s report shows a big second quarter. Consumer spending drove GDP higher in the...
Don’s Notebook July 26, 2018
Government Report Notables:
Key pieces for tomorrow's GDP report will be released today: capital goods shipments in the durable goods report, cross-border goods trade as...
Don’s Notebook July 25, 2018
Don’s Notebook July 25, 2018
Today’s direction indicators are largely impartial.
Housing data have been mostly flat to weak. New home sales, however, have been the...
Don’s Notebook July 24, 2018
Futures were higher this morning ahead of the busiest week of earnings season. The Dow has a three-day losing streak, but the S&P 500...
Don’s Notebook July 23, 2018
The National Association of Realtors reports Existing-Home Sales data today and forecasters are calling for a consensus of 5.440 million annualized rate in June...
Don’s Notebook July 20, 2018
Economic Notes:
There are no economic reports on today’s calendar, but there is one Fed official speaking — St. Louis Fed President James Bullard, who...
Don’s Notebook July 18, 2018
After positive comments on the economy yesterday, Federal Reserve Chair Jerome Powell will have a second day of testimony in Washington starting at 10am...
Don’s Notebook July 16, 2018
Federal Reserve Chair Jerome Powell will answer questions from the Senate Banking Committee in Washington in the first of two days of testimony to...
Don’s Notebook July 16, 2018
President Trump and Russian Leader Vladimir Putin began their Helsinki Summit this morning.
The good news on the economy keeps rushing in, even during our...
Don’s Notebook July 13, 2018
In an interview Thursday on American Public Media’s “Marketplace” program, Federal Reserve Chairman Jerome Powell gave an upbeat assessment of the U.S. economy but...