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  • September 6, 2024

    High points for US data scheduled for Sept. 9 week

    The communications blackout period around the September 17-18 FOMC meeting is in effect (midnight, Saturday, September 7 through midnight, Thursday, September 19). If any Fed officials speak, it will not be about monetary policy. Even […]

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  • September 6, 2024

    Global data once again subpar relative to expectations

    Global economic data have been consistently underperforming economist forecasts since the beginning of August, though only to a limited degree. Econoday’s Relative Performance Index (RPI) held unchanged in the week at minus 10, just within […]

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  • September 3, 2024

    US consumer confidence in presidential election years

    The impact of a presidential race on consumer confidence is murky. Consumers’ perceptions of the world are more heavily influenced by the things that have an immediate impact on household budgets and planning. Who is […]

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  • August 30, 2024

    High points for US economic data for September 2 week

    The September 2 week starts with the Labor Day observance on Monday with a full market close in the US for stocks and bonds. The data calendar will have a few shifts in the normal […]

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  • August 30, 2024

    Global data mostly weak but Eurozone, Canada outperforming

    Global economic data continue to underperform expectations, at minus 10 on Econoday’s Relative Performance Index and at minus 21 when excluding price data (RPI-P). The latter offers an indication on real economic activity which has […]

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  • August 30, 2024

    US inflation and inflation expectations favorable for a rate cut

    In the countdown to the September 17-18 FOMC meeting, the number of reports that might change the outlook for a rate cut are fewer. As of Friday, August 30, there is less room for a […]

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