Macro View Daily Insights ECB economist’s comments push yields higher globally. The European Central Bank’s (ECB) chief economist Peter Praet stated yesterday that the decision on when to end asset purchases could be made, and potentially announced, at the ECB’s...
It’s natural for job growth to wane as the economic cycle ages, when businesses are already running at or near target employment levels and labor is becoming scarcer. That pattern has held true so far in this cycle, as evidenced by our LPL Chart of the Day, which...
Macro View Daily Insights JOLTS makes history. April figures released yesterday showed that the number of job openings, at 6.7 million, topped the number of unemployed people (6.3 million) for the first time in the report’s 18-year history; prior peak was 0.7....
As President Trump mentioned on Twitter yesterday, he has officially been in office for 500 calendar days. Although how he has done has led to many an argument at family dinners, it is easier to break things down from purely a market perspective. “It has definitely...
Maro View Daily Insights Italian politics dictated market action last week. Yieldson Italian government debt spiked last week as investors grew nervous that the country’s populist government would attempt to pull Italy from the European Union. Yields in economies that...
