The dollar was on one side of 89% of all international transactions, which is an increase from its 88% share in 2022. … READ MORE >
Market Minute: Shutdown adds risk to waning consumer confidence
Surveys of how consumers view the economy dropped in September. The government shutdown could worsen consumers’ views of the economy. … READ MORE >
Private sector lost 32,000 jobs in September, ADP reports
ADP reported a net decline of 32,000 jobs in September, driven by a decreased of 40,000 among small firms and 20,000 among medium-size firms. … READ MORE >
Market Minute: The costs of a government shutdown
An extended shutdown would raise the unemployment rate, reduce household consumption and restrain economic growth. … READ MORE >
The rise of debt in the G-7 nations
Government debt among six of the seven countries in the G-7 will exceed 100% of gross domestic product this year. Is it sustainable? … READ MORE >
Market Minute: Are consumer loan delinquencies about to increase?
Delinquencies of consumer loans remain low by historical standards but appear vulnerable should the slowdown in the labor market continue. … READ MORE >
U.S. households bolster spending in August as service inflation persists
Inflation dynamics inside the August PCE report illustrated stubborn service sector inflation that increased from 3.5% to 3.6% while one can observe rising goods prices. … READ MORE >
Market Minute: Investors sell the dollar and buy U.S. equities
While global investors want exposure to the dynamic U.S. tech sector, those investors also want to reduce that exposure to the direction the dollar. … READ MORE >
Market Minute: Long-term rates rise as central banks tolerate higher inflation
As the Fed cuts rates into rising inflation, the risk of persistent increases that lead to a wider deviation from target is growing more probable. … READ MORE >
Market Minute: The impact of policy expectations on the yield curve
The U.S. Treasury yield curve has shifted downward at the short end of the curve, with 2-year and 5-year Treasury notes dropping roughly 75 basis points this year. … READ MORE >