We expect the federal funds rate to remain in a range between 4.25% and 4.5% at the FOMC meeting this week and we do not expect Chairman Jerome Powell to imply that a September rate cut is in the cards either. … READ MORE >
Blog
Market Minute: The widening gap between equities and the real economy
Equities have become priced to perfection recently, fueled by bank and tech earnings that have exceeded expectations. … READ MORE >
Volatile capital spending reflects tariff turbulence
Core business spending on equipment had another month of volatility, with orders falling by a sizable 0.7% in June. … READ MORE >
Market Minute: Private domestic demand excluding trade and inventories will point the way on GDP
U.S. growth in the second quarter most likely advanced at a 2.5% rate following the 0.5% contraction in the first quarter of the year. … READ MORE >
Jobless claims decline, but the recovery is still uneven
Initial claims fell to 217,000 for the week ending July 18, down from 221,000 in the prior week. The pre-pandemic average was 218,000.. … READ MORE >
5 things to know in life sciences: Week of July 21, 2025
Each week we highlight five things affecting the life sciences industry. Here’s the latest. … READ MORE >
Inventories in an age of uncertainty
Inventory expansion continued to moderate in May after peaking earlier in the year as firms pulled forward economic activity to avoid tariffs. … READ MORE >
Health care industry trend watch: Week of July 21, 2025
Hospitals face strategic crossroads as $50 billion rural health fund rolls out. … READ MORE >
Market Minute: Shipping activity remains lower at U.S. seaports
Higher tariffs have taken a toll on shipping activity at American ports. But oil and natural exports have provided a steadying influence on exports. … READ MORE >
Market Minute: Manufacturing sector to slow in second half
The Conference Board’s Leading Economic Index implies that the broader manufacturing sector will slow into the second half of the year. … READ MORE >