Leading economic indicators finally received the jolt we have been expecting.
The Conference Board’s Leading Economic Index (LEI), a composite of leading data series, rose 0.8% month over month in January, ending a string of lethar
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Leading economic indicators finally received the jolt we have been expecting.
The Conference Board’s Leading Economic Index (LEI), a composite of leading data series, rose 0.8% month over month in January, ending a string of lethar
...The Federal Reserve (Fed), and central banks globally, have been fretting over low inflation for years, but extraordinary central bank efforts to push inflation higher have not had much success achieving the desired effect, and may have come with uni
...Consumer inflationary pressures grew at a moderate rate in January 2020.
The core Consumer Price Index (CPI), which excludes food and energy, rose 2.3% year over year last month, near the fastest pace of this economic cycle and in line w
...The financial media returned to a favorite topic in the last week, yield curve inversion, but we caution against getting caught up in the building frenzy.
The Treasury yield curve inverts when short-term interest rates move above long-te
...U.S. hiring came in stronger than expected in January, rebounding from a disappointing December print.
Nonfarm payrolls rose by 225,000 in January, far surpassing Bloomberg’s consensus estimates for a 165,000 gain, according to the
...The 10-year U.S. Treasury yield moved to within .05% of its recent low on Friday, January 31, approaching the 1.47% mark set back in August 2019. Prospects of stabilizing global growth and progress on trade encouraged yields to start pressing higher
...As the clock strikes 11 p.m. in London (midnight in Brussels) on January 31, 2020, the United Kingdom (U.K.) will end its 47-year membership in the European Union (E.U.) when the U.K.’s withdrawal from the E.U., known as Brexit, becomes officia
...The U.S. economy notched an average year of growth in 2019.
Gross domestic product (GDP) rose 2.1% in the fourth quarter of 2019, according to Bureau of Economic Analysis data released today. Net exports added 1.5 percentage points, its
...A new wave of global uncertainty has spooked investors, and some have feared it could put too much strain on a weakened global economy without more central bank intervention.
As shown in the LPL Chart of the Day, the 2-year U.S. Treasury
...Leading economic indicators barely grew year over year in December 2019.
The Conference Board’s Leading Economic Index (LEI), a composite of leading data series, fell 0.3% month over month in December. However, as shown in the LPL
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