by sslifer | Dec 13, 2019 | Commentary for the Week, NumberNomics Notes
December 13, 2019 First, the employment report for November was shockingly strong and immediately took off the table any fear of a near-term recession. Then, Congress and the White House agree on a new trade deal with Mexico and Canada which is likely to be ratified...
by sslifer | Dec 6, 2019 | Commentary for the Week, NumberNomics Notes
December 6, 2019 The latest batch of data continues to defy widespread expectations that growth is going to close out 2019 on a weak note and remain soft in 2020. Payroll employment surged in November with a surprisingly robust increase of 266 thousand. The stock...
by sslifer | Nov 29, 2019 | Commentary for the Week, NumberNomics Notes
November 29, 2019 Hi everybody. No economic commentary today. We are taking the day off. and will resume next week. We hope everyone enjoyed their Thanksgiving holiday. Stephen Slifer NumberNomics Charleston, S.C.
by sslifer | Nov 22, 2019 | Commentary for the Week, NumberNomics Notes
November 22, 2019 One of the big themes that triggered the widespread economic angst this year was slower growth overseas and the fear it could spill over into the U.S. and negatively impact growth here as well. The Fed was so spooked it chose to cut the funds rate...
by sslifer | Nov 15, 2019 | Commentary for the Week, NumberNomics Notes
November 15, 2019 With the manufacturing sector having weakened from the imposition of tariffs, the engine of growth for the economy in 2019 has been consumer spending which has climbed at a 2.9% pace in the first three quarters of the year. The question is whether...
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