Weekly Economic Vital Signs: The Economy Is Great, Cut Rates!

Construction Spending We must be filling every pothole nationwide, because there isn’t a whole lot of spending growth outside of the public construction of streets and highways, which is up 22.8 percent year over year for the first two months of 2019. Perhaps, the president passed his own infrastructure program without telling anyone about it.…

The Latest Jobs Report Was Not Really That Great

Well, yet another month has passed, so it is time for another jobs report. Fortunately, this one was a lot better than last month’s as the number of new jobs created surged compared to February and ultimately managed to beat expectations. Unfortunately, the average hourly earnings came in well below expectations and the number of…

Forget About Recessions

There will be another U.S. economic recession as assuredly as the sun will come up tomorrow. The problem is that no one knows when it will occur or what will trigger its onset. In fact, it will likely be over by the time it is officially recognized. Seven months after the Great Recession had officially…

Podcast: Market Resilience: Strength In Numbers

By Sonal Desai, Ph.D., Executive Vice President, Chief Investment Officer, Franklin Templeton Fixed Income; Edward D. Perks, CFA, Executive Vice President, Chief Investment Officer, Franklin Templeton Multi-Asset Solutions; Michael Hasenstab, Ph.D., Executive Vice President, Chief Investment Officer, Templeton Global Macro; Stephen H. Dover, CFA, Executive Vice President, Head of Equities Concerns about where the financial…

Weekly Market Notes – March 11, 2019

SummaryThe most recent economic data fits with our 2019 outlook that suggests economic growth is likely to slow this year but recession prospects remain very low.The current weakness in the equity markets should be viewed within the confines of a consolidation phase that is likely to continue until such time as a firm trade deal…

A Closer Look At Debt And The Economy

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser. Is this happening to you frequently? Please report it on our feedback forum. Reference ID:

Poor EMU PMI Compounds ECB’s Challenge

Overview: The eurozone’s preliminary composite PMI for January fell to its lowest level since July 2013. It reinforces expectations for a dovish Draghi press conference and saw the euro unwind yesterday’s gains. The US dollar is firmer against all the major currencies. Asian stocks gained, and the MSCI Asia Pacific Index snapped a two-day fall…

The Wolf Street Report: January 20, 2019

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser. Is this happening to you frequently? Please report it on our feedback forum. Reference ID:

What’s Powering January’s Market Rally?

On the latest edition of Market Week in Review, Chief Investment Strategist Erik Ristuben and Sophie Antal Gilbert, head of AIS business solutions, discussed the recent rally in equity markets, developments on the Brexit front and the impact of the U.S.-China trade war on consumer and business sentiment. Markets on the rise, but declining consumer…

Keeping Bonds As A Buffer

Last year was unusual: U.S. equities and 10-year Treasuries both finished down, as heightened economic and geopolitical uncertainty and expectations for higher short-term rates drove markets. We see growth as the key market driver in 2019. This suggests Treasuries may offer more diversification benefits as a buffer to bouts of equity weakness. Chart of the…