Retail sales topped forecasts in November, growing at a robust pace for the third month in a row. … READ MORE >
USA
Inflation risk premium suggests higher yields ahead
Should the inflation risk premium continue to rise, investors should anticipate that longer-term Treasury yields will move higher in tandem. … READ MORE >
Morning market minute: The Fed’s terminal rate estimate needs to be lifted
We expect that the Federal Reserve will lift its estimate of the terminal rate to 3% this week. … READ MORE >
Tariff discussions in health care and life sciences industries stoke global supply chain concerns
The health care and life sciences industries could be facing significant changes under a second Trump administration. From the prospect of new tariffs to the likelihood that the BIOSECURE Act will be enacted, companies are scrambling to adjust to what could be a changed operating environment. Already, the prospect of … … READ MORE >
American household net worth sets record, bringing debt-to-asset ratio to 50-year low
The primary driver of this increase was rising equity prices, which added $2.8 trillion, marking the fourth consecutive quarter of significant growth. … READ MORE >
FOMC preview: A rate cut, followed by a prudent pause
We expect the Federal Reserve to reduce its policy rate by 25 basis points to a range between 4.25% and 4.5% at the Federal Open Market Committee’s meeting on Dec. 18. … READ MORE >
5 things to know in life sciences: Week of December 9, 2024
Each week we highlight five things affecting the life sciences industry. Here’s the latest. FTC appointments possibly signal decreased scrutiny on biopharma M&A President-elect Donald Trump’s nomination of Andrew Ferguson and Mark Meador to the Federal Trade Commission signals a potential shift toward a more business-friendly antitrust approach, focusing on … … READ MORE >
Asset management firms are optimistic on Q3 earnings calls as private asset demand rises
Firms mostly focused on increasing inflows and fee revenues, as well as growing their assets under management in Q3; some even reported the best results in their history. … READ MORE >
Inflation ticks up amid seasonal factors and strong growth
November marked the first month since April when overall CPI inflation grew by 0.3% monthly, or 3.7% annualized, well above the Fed’s 2% target. … READ MORE >
Holiday season business insights: Digital sales shine in early numbers
Initial holiday sales numbers reveal single-digit year-over-year growth driven by robust e-commerce activity. … READ MORE >