All Posts Tagged: interest rates

Consumers Spending Like There Is No Tomorrow

Scott Anderson
Chief Economist

U.S. economic data continues to surprise on the upside through July.

The retail sales report for July reveals a remarkable rebound in retail sales has occurred over the last three months as the U.S. economy reopened for business and government transfer payments bolstered consumer confidence enough for consumers to return to stores with a vengeance.

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Cabin Fever Hits Markets – Long Economic Winter Ahead

Scott Anderson
Chief Economist

Growing up in Minnesota, I am very familiar with the cabin fever that can result from long winters and being stuck at home for months on end.
Before long you’re climbing the walls with boredom and dreaming of the places you will go and the things you will do when the weather breaks. The U.S. equity market rally at this point is feeling a lot like that these days.

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Treasury Yields Crash – Ignoring Strong Jobs Report

Scott Anderson
Chief Economist

The coronavirus itself is a serious threat to both U.S. and global economic expansion.

It is both a supply and demand shock to global growth as producers face supply-chain disruptions and service and retail businesses see a sharp drop in consumer demand as more and more people self-isolate to protect themselves from the rapidly spreading infection. But the virus and the global economic shock it is creating are also starting to touch off financial market contagion and volatility, the likes of which we haven’t seen since the global financial crisis of 2007 and 2008.

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U.S. Outlook: Will Conventional Wisdom Hold? Next Week is Pivotal

Scott Anderson
Chief Economist
A woman posting a help wanted sign.

Conventional wisdom on the strength and resilience of the U.S. expansion will be tested next week. Is the economy really headed for a soft landing?

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