Tag Archives: COVID

26 Apr

Big Tech Roars, Offsetting Inflation and Growth Concerns

April 26, 2024 Here are the economic and market highlights for the week:  Q1 2024 GDP decelerated to an annualized, real growth rate of 1.60%, well below forecasts of 2.40%. Consumer spending was positive at a 2.50% annualized rate, but it too showed a sharp decline from the 3.30% posted in Q4 2023. Consumer spending, fixed…

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19 Apr

Higher for Longer

April 19, 2024 Here are the economic and market highlights for the week:  Retail sales jumped 0.70% in March, topping estimates for a 0.30% rise. Excluding autos, retail sales were up a robust 1.10%. Online and miscellaneous store sales drove much of the increase, up 2.70% and 2.10%, respectively. Existing Home sales fell 4.30% to…

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12 Apr

Inflation Data and Geopolitical Risks Conspire

April 12, 2024 Here are the economic and market highlights for the week:   Consumer prices rose 0.40% in March and were up 3.50% from the year ago period, topping estimates of 0.30% and 3.40%, respectively. Core CPI, which excludes volatile food and energy prices, rose 0.40% from the previous month while rising 3.80% from a…

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