
An Update on the Banking Crisis
It has been roughly four months since the regional banking crisis started with the failure of Silicon Valley Bank in March. With several months of
It has been roughly four months since the regional banking crisis started with the failure of Silicon Valley Bank in March. With several months of
In this report, we’ll review the most recent Employment Situation data and use our Leading and Coincident Employment Indexes, as well as the breakdown of
Interest rates in the United States and around the world have been declining for decades. More specifically, “real” interest rates have been declining in what
This was a very busy week of macro data and events, including updates to the CPI, retail sales, industrial production, initial jobless claims, and the
This was a very light week of economic news, so in this update, we’ll focus on the weekly labor data to help refine and update
When the economy moves into recession or out of recession, it doesn’t happen all at once. It’s a process. In this post, we will look
The BLS modeled that the economy added 339,000 jobs in May, much higher than consensus expectations. When the headline nonfarm payrolls number surprises strongly to
The spread between the 10YR Treasury Rate and the 3-Month Treasury rate, often referred to as the 10YR3M spread, is one of the most reliable
With updates for Retail Sales and Industrial Production, we now have a majority of the Coincident data for the April reporting period. April data will
Three big events defined this week, including softer-than-expected inflation data, worse-than-expected labor market data, and further pressure on regional banks, namely PacWest Bancorp. Starting with