The dollar’s recent five-month appreciation versus the euro appears to have topped out, reversing the dollar’s move toward parity. … READ MORE >
Economics
Market minute: The policy determinants of the rising euro
The euro is poised to appreciate against the dollar as the continent loosens fiscal restraints to rebuild its defenses. … READ MORE >
Job openings rise above expectations in January
The quit rate, a proxy for labor demand, rose in January, indicating that workers were in a stronger bargaining position as demand increased. … READ MORE >
Market minute: Risk of stagnation, stagflation and slower growth
Despite the trading community pricing in three rate cuts this year, employment, wage and inflation data imply a Fed that may be reluctant to reduce rates into an economy that is slowing amid sticky inflation. … READ MORE >
Join a discussion on the economy with RSM and U.S. Chamber of Commerce
Join RSM US Chief Economist Joe Brusuelas and U.S. Chamber of Commerce Executive Vice President Neil Bradley as they discuss the latest economic trends affecting middle market businesses. … READ MORE >
Market minute: Concern over government shutdown showing up in money markets
The one-month T-bill rate of 4.29% is now below the 4.30% three-month rate and about to breach the Federal Reserve’s repo-facility award rate of 4.25%. … READ MORE >
The risk of an inventory correction is rising
Producers and wholesalers have prepared for higher tariffs by buying goods in advance, which is creating the conditions for a modest inventory correction should demand slow. … READ MORE >
Solid labor demand persists as U.S. economy adds 151,000 jobs in February
The American economy added 151,000 jobs in February, a sign that demand for labor remains solid amid the significant policy changes in Washington. … READ MORE >
Market minute: Manufacturing expectations show divergence of prices paid and capital expenditures
Our RSM US Manufacturing Outlook Index remains underwater, suggesting less than normal manufacturing activity. … READ MORE >
Market minute: Job growth, unemployment and federal contractors
We expect the U.S. jobs report for February to show a net increase in employment of 160,000 and an unemployment rate of 4%. … READ MORE >