We expect a net increase in total employment of 85,000 positions and the unemployment rate to remain unchanged at 4.1%. … READ MORE >
Joe Brusuelas
Market Minute: Rising 5-year yields and the increasing cost of doing business
Managers and executives should monitor the yield on 5-year Treasury notes to estimate the cost of short- and long-term corporate borrowing. … READ MORE >
Market Minute: Financial conditions remain accommodative
One week after the Fed raised the overnight rate by 25 basis points, markets appear to be preparing for the tightening of financial conditions. … READ MORE >
Market Minute: Importers front-running tariffs and fuel shortages
Containers arriving at the Los Angeles ports surged over the summer, with importers front-running additional tariffs and fuel shortages. … READ MORE >
The folly of a diesel export ban
An export ban would further strain a segmented U.S. energy market, send prices higher and harm the people the policy is intended to help. … READ MORE >
What do higher yields look like? Our model shows their impact.
We modeled a serios of shocks to identify the impact on growth, employment and inflation. The results show the challenge of bringing down inflation. … READ MORE >
Market Minute: In surging bond issuance, a recipe for higher rates
The yield on the 10-year Treasury is testing 5% for the first time since 2007, while investment-grade corporate bonds are yielding close to 6.5%. … READ MORE >
Market Minute: Bringing the U.S. budget into balance
Given the political dynamics in the United States, there is no castor oil constituency around which fiscal consolidation can be organized. … READ MORE >
Fed hikes rates and signals more increases to come
The Federal Open Market Committee on Wednesday increased its federal funds policy rate by 25 basis points to a range between 3.75% and 4%. … READ MORE >
Market Minute: Financial conditions show ample room for Fed rate hike
We expect the Fed to hike its policy rate by 25 basis points to a range between 3.7% to 4% at its meeting on Wednesday. … READ MORE >