Markets & Economy

The post Why GDP Growth Estimates Are Surging appeared first on UPFINA – Pursuit of Truth in Finance & Economics. The decline in the trade deficit in November is a huge deal. The deficit fell from $46.9 billion to $43.1…

The post 5% Chance Of An Average Recession In 2020 appeared first on UPFINA – Pursuit of Truth in Finance & Economics. Just like the U.S. Markit manufacturing report, the global PMI fell 2 tenths. The global PMI is closer…

The post Most Weakness Since The Financial Crisis appeared first on UPFINA – Pursuit of Truth in Finance & Economics. On December 11th, the Fed didn’t hike or cut rates. It released its Minutes from that meeting on Friday which…

The post 2020 Minimum Wage Hikes To Help Or Hurt Economy? appeared first on UPFINA – Pursuit of Truth in Finance & Economics. With stocks on a high note, it’s easy to see numerous potential catalysts that could throw it…

The post No Sign Of Bottom Yet appeared first on UPFINA – Pursuit of Truth in Finance & Economics. The November International Trade in Goods report showed a lower deficit than expected which raised GDP growth forecasts. Specifically, the deficit…

The post Weakness In Business Investment Reviewed appeared first on UPFINA – Pursuit of Truth in Finance & Economics. As usual, there are a couple reasons the headline growth rate in new durable goods orders shouldn’t be taken at face…

The post 6th Best Year For The S&P 500 Since 1928 appeared first on UPFINA – Pursuit of Truth in Finance & Economics. We have a few more stats to share with you about how overbought the U.S. stock market…

The post Consumers & Low Income Wage Growth Look Good appeared first on UPFINA – Pursuit of Truth in Finance & Economics. We’re getting more information on retail sales that supports the theme that holiday shopping was pushed to December…

The post Can The Fed Help Turn The Economy Around? appeared first on UPFINA – Pursuit of Truth in Finance & Economics. We have already reviewed the leading economic index in a previous article. The chart below brings new context…