Weighing the Week Ahead: A Bigger Wall Now Under Construction

The economic calendar is important this week featuring data on personal income and spending and the Fed’s favorite inflation measure, the PCE index.  Housing data includes four reports, with new home sales of special interest.  There are also reports on consumer sentiment from both the Conference Board and the University of Michigan. Most of the […]

Read More

Weighing the Week Ahead: Can Presidential Politics Change the Course of Economic Policy?

The economic calendar is among the biggest, but politics and personalities are playing a larger role in financial news. With the upcoming Democratic debate and increasing criticism about the economy, we have an unusual situation. Normally, the economic situation is taken as given and the politicians respond. This year we have a very different question: […]

Read More

Weighing the Week Ahead: Can Feedback Alter Trump’s Course?

The economic calendar is significant, but fundamentals are taking a secondary role. The Friday Presidential tweetstorm raised uncertainty on trade, the global economy, Fed policy, taxes, and traditional alliances. Attention now turns to the reaction. Can the widespread negative feedback alter President Trump’s course?   Last Week Recap In last week’s installment of WTWA, I […]

Read More