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By Scott McIntyre, CFA
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Economic Commentary
Economic news and data drive Fed interest rate policy and financial market movement. The problem for many investors is sorting through the massive volume of news and numbers to separate the critical information from the noise. Our economic commentaries provide clear explanation of key events in layman’s terms, as well as regular interest rate updates.
January 08 , 2021
Unexpected December Job Loss Increases Urgency for Additional Aid
Non-farm payrolls dropped by -140k in December, well below the puny +50k expected increase. The establishment survey losses were heavily concentrated...
January 07 , 2021
Optimism Reigns Despite Surging Virus
This morning, the Institute for Supply Management (ISM) non-manufacturing index for December climbed from 55.9 to 57.2, beating forecasts. (Any...
January 04 , 2021
2020 Q4 Economic Recap and Rate Outlook
The third quarter of 2020 lived up to lofty expectations with GDP expanding at a remarkable +33.4% annualized pace. The record growth was fueled by...
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