Interest rate differentials and policy rate expectations, in addition to robust growth in the U.S., provide a reason to be bullish on the U.S. dollar. … READ MORE >
Joe Brusuelas
Market Minute: Expect a solid jobs report for October
RSM forecasts a net gain of 95,000 jobs for October, well above the number needed to keep the labor market stable. … READ MORE >
The American economy is running hot—just like inflation
We anticipate that more challenging income dynamics underlying the data will result in a slowing of GDP back toward 2.5% to close out a strong year. … READ MORE >
A hawkish Fed holds rates steady amid rising inflation
The Federal Open Market Committee kept its policy rate in a range between 3.75% and 4% on Wednesday as it opted for the status quo days before the midterm elections. … READ MORE >
India’s industrial growth moderates as manufacturing remains resilient
India’s industrial output growth moderated to 6.7% in September as a contraction in mining offset continued strength in manufacturing and electricity and gas supply. Get RSM’s Market Minute commentary every morning. Subscribe now. Manufacturing remained the principal driver of industrial activity, led by electrical equipment and motor vehicles. Electricity and gas … … READ MORE >
Market Minute: Expect third-quarter GDP to reach 3.4%
The growth is being driven by the AI build-out, spending by upper-income households, inventory accumulation, tax cuts and tariff refunds. … READ MORE >
Market Minute: The rising cost of inaction by the Fed
We expect the Fed to hold its overnight policy rate within the current range of 3.75% to 4.0% at its Wednesday meeting. … READ MORE >
Market Minute: Get ready for a consequential week
Next week’s economic releases and policy decisions will affect asset pricing and expectations for interest rates. … READ MORE >
Market Minute: France is in a bind. Is there a way out?
What is occurring in France is likely a preview of coming attractions across the G-7 and potentially the United States. … READ MORE >
Market Minute: The American term premium in three easy pieces
The U.S. term premium eased over the past week as investors moved into fixed income positions amid the selloff in technology-affiliated equites. … READ MORE >