All Posts Tagged: manufacturing

U.S. Outlook: October Payrolls – Data Revisions Steal the Show

Scott Anderson
Chief Economist

The U.S. labor market is slowing, just not as quickly as we all thought before the release of the October payrolls report. Despite the substantial headwinds of the GM strike and escalation of the trade war in September, U.S. nonfarm employment managed to increase a better than expected 128k jobs last month.

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U.S. Outlook: Expect Another Fed Rate Cut

Scott Anderson
Chief Economist

The need for another quarter-point Federal Reserve interest rate cut at the end of October continues to increase. In fact, more cuts will likely be needed in the months ahead to stem the tide of slower U.S. and global economic growth.

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U.S. Outlook: Retail Sales Cool in August

Scott Anderson
Chief Economist

Pull back the lens on August’s U.S. retail sales data and a clear slowdown comes into focus. July retail sales growth was twice as brisk as August sales.

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Investment Insights: A fragile mood

Wade Balliet
Posted by Wade Balliet
Investment Strategy

Stock markets continue to swing wildly and notably below their record highs after a surprise bout of volatility last week erased a chunk of this year’s gains. The S&P 500 and global stocks, as measured by MSCI, fell again today, but are still up over 15 percent and 13 percent, respectively, this year.

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