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Trade Deficit Shrinks; Oil Deficit Disappears

by sslifer | Jan 10, 2020 | Commentary for the Week, NumberNomics Notes

January 10, 2019 We recently learned that for November the trade deficit shrank $3.9 billion to $43.1 billion after having narrowed $4.2 billion in October.  The impressive decline in the trade gap may appear to be a good thing, but the deficit is contracting for the...

Market Tranquility Will Not Last Long

by sslifer | Jan 3, 2020 | Commentary for the Week, NumberNomics Notes

January 3, 2020 The two-week holiday period was relatively quiet with the stock market continuing to climb and the economic data generally supportive of somewhat faster GDP growth in the early part of 2020.  During that time period market volatility has fallen...

Happy New Year!

by sslifer | Dec 27, 2019 | Commentary for the Week, NumberNomics Notes

December 27, 2019 Hello everyone, Taking the week off and enjoying the holidays.  Back on Monday, January 30. Happy new year to all! Steve Slifer NumberNomics Charleston, S.C.

The Year Ahead – 2020

by sslifer | Dec 20, 2019 | Commentary for the Week, NumberNomics Notes, The Year Ahead Outlook

December 20, 2019 Throughout 2019 the fear was that slow growth overseas and a weak manufacturing sector could spread and pull the entire economy into recession.  The Fed was so nervous it cut rates three times in an effort to prevent that outcome.  The outlook for...

The Good News Keeps on Coming!

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...

Slow Growth is Hard to Find

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...
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