Q2 GDP Revised Even Higher Than Expected
Thursday's economic numbers brought a revision to the second quarter gross domestic product (GDP). While the number was expected to increase, it rose even more than anticipated.
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Newest first · Page 254Can GDP Be Revised This Much Higher?
Market skeptics are likely to keep maintaining that the annualized GDP recovery from the recession has been the weakest post-recession recovery since before World War II.
Fitch Warns That Market Pessimism in China Could Be Overdone
Fitch Ratings has issued one of those reports that may actually move some of the most negative views from investors either more positive or at least toward being less negative.
Durable Goods Proved to Be Quite Durable in July
The U.S. Department of Commerce has reported that durable goods orders were rather durable in July.
Fed Funds Futures Signal December 2015 to January 2016 Fed Rate Hike Bias
With every stock market pullback, or a mini-crash, investors just about always have to consider what it means for interest rates.
Richmond Fed Shows Sharp Drop in Manufacturing Gains in August
The Federal Reserve Bank of Richmond released its reading on manufacturing, showing a sharp drop in August.
Consumer Confidence Rockets Higher, but Timing Misses Latest Woes
The Conference Board has released a consumer confidence reading so strong you might wonder about its validity.
Markit Shows Positive Reading in Flash Services PMI
If investors want any good economic news, they are getting at least a bit of it from the Markit Flash U.S. Services PMI reading for August.
How the Markets See China Rate Cut and Bank Reserve Requirement Cut
China has decided to respond to the major market concerns out of Shanghai. The move has bolstered exchange levels, although some of the moves may feel a bit muted compared to more recent actions.
Netflix and Tesla Lead High P/E Stocks Down
Among the stocks taking the biggest nose dive in Monday morning’s equity market plunge were some recent high flyers, some of which have been showing signs of correction in recent days.
Another Push-Out on Rate Hike Timing Expectation
ThinkstockThe latest news from the economic and Federal Reserve front is pointing to a rate hike cycle that should not begin in September. That remains a debate, but Fed Funds Futures were indicating a…
China PMI Hits 77-Month Low
ThinkstockAccording to the August Early Caixin Manufacturing PMI for China, the measure hit a 77-month low. The research firm reported the number was 47.1 points. The final PMI for the sector in July was 47.8,…
Is the Fed Now Just Targeting December for Fed Funds Rate Hike?
There are many indicators that the investment community, business owners and consumers might use to judge the future of interest rates, such as the 30-day fed funds futures.
Leading Indicators Tick Lower in July
The Conference Board has released its reading on leading economic indicators for the month of July, though "leading" may be a bit of a misnomer here.
Philly Fed Strong, but Not Enough
The Philadelphia Federal Reserve Bank has released its regional Business Outlook Survey for the month of August, and it is looking far better than the recent manufacturing report from New York.