If all you saw were the headlines you might think that “trade wars” or “a flattening yield curve” was pushing equities to the brink of a new bear market as the U.S. economy teetered on recession. However, the data suggest the U.S. economy remains strong and the...
Macro View Daily Insights Trade policy update. After being hit to the tune of ~$240 million by U.S. tariffs, India ratcheted up tensions overnight when it retaliated with tariffs of its own on a wide range of U.S. imports, while European automaker Daimler blamed...
Three of the world’s most influential central banks met last week—the Federal Reserve (Fed), the European Central Bank (ECB), and the Bank of Japan (BOJ)—during an action-packed five days that also included several important economic data updates. The BOJ meeting was...
Macro View Daily Insights Tariff headlines versus implementation. While trade headlines have garnered a lot of attention, and roiled markets in some instances, it’s important to reiterate that neither side wants a trade war. The tit-for-tat we’ve seen over the past...
Capital expenditures help increase productivity, and improved productivity is the foundation upon which developed economies can sustain higher growth rates. Recent data, some of which we highlighted yesterday, continue to confirm that we might be seeing a rebound in...
