Tag Archives: US economy

July 2019 Economic Dashboard

After a relatively good month for the stock market in July, the one-two punch of a disappointing Fed rate cut on July 31 and more tariffs on Chinese goods and its retaliatory currency devaluation in the first days of August have sent stock prices sharply lower.  Markets like predictability (which usually comes at a premium)… Read More »

May 2019 Economic Dashboard

Rising trade tensions with China and a surprise threat to impose tariffs on Mexico (related to the migrant crisis on the southern border) derailed the stock market in May.  Indeed, the Dow Jones 30 Industrials ended the month on its longest weekly losing streak in eight years.  Investors are fearing the multi-front trade disputes will… Read More »

March 2019 Economic Dashboard

The stock market’s rebound has been strong and consistent since making a low on Christmas Eve.  It has been marked by a high percentage of stocks of all sizes and most industry groups moving higher in unison.  This pattern has been a hallmark of past bull markets. The underlying economy is still growing, albeit at… Read More »

February 2019 Economic Dashboard

The bear market in US stocks that occurred in the fourth quarter of 2018 was triggered by a fear that the Federal Reserve would keep increasing interest rates to fight off incipient inflation pressures building in the US economy.  Given the incredible US jobs growth machine, spanning 100 straight months of gains and counting, better… Read More »