Market Snapshot 10/27/23- Nevada Day
Good Friday AM on this Nevada Day, Consumer spending numbers came in much higher than expected, nearly double personal income growth. This is unsustainable given record levels of consumer debt…
Good Friday AM on this Nevada Day, Consumer spending numbers came in much higher than expected, nearly double personal income growth. This is unsustainable given record levels of consumer debt…
Good Thursday AM, Monster GDP number this am. Economy grew by 4.9% in Q3.. huh? Durable goods orders in at a monster 4.2%… huh? Both likely due to seasonal summer…
Good Wednesday AM on this best day of the week, Not much data yet again. The party starts tomorrow with GDP, Unemployment claims, and Durable Goods. In the meantime, bonds…
Good Tuesday AM, Minimal economic news today. The only thing I could find was the Richmond Fed metric on that region’s economic activity. Certainly not breaking news although the reading…