3M INDICATOR FLASHING YELLOW

Danielle DiMartino Booth

New orders hold most-favored-indicator status for forward guidance on US economic growth. If you drew a heat map of the US, you’d find really hot spots for new orders in the Philly Fed District and a great swath of Midwest flyover states like those covered in the Kansas City Fed manufacturing survey...

By | June, 11, 2018|Categories: Articles, Featured|Tags: , , , , , , |0 Comments

Danielle DiMartino Booth

For the time being, happy days are still very much here. Average what the Atlanta Fed and New York Fed are forecasting for economic growth in the just-ended fourth quarter and we’re talking about full year growth of 2.7 percent. But it gets better. There’s an increasing chance we’ll have 12 months of GDP growth at a 3-percent rate by the time the books close on the first quarter. Any upside from here will make Republicans giddy with excitement...

Trump Wants Intel Inside

Intel's Big Investment

Once upon a time, the world was deemed flat. Globalization did not exist and companies really didn't outsource or do a ton of business with other countries. Then, the era of globalization was ushered in, hitting us smack in the face and outsourcing quickly became one of the U.S.'s favorite activities. Companies began to move their labor overseas, to parts of the world where labor costs were sure to be much lower, and that's the way the world has been ever since...

By | February, 9, 2017|Categories: Articles, Featured|Tags: , , , , , , |0 Comments

Ford Decides to Stay in U.S.

Ford is canceling plans to build a new plant in Mexico. It will invest $700 million in Michigan instead, creating 700 new U.S. jobs. Ford CEO Mark Fields said the investment is a "vote of confidence" in the pro-business environment being created by Donald Trump. However, he stressed Ford did not do any sort of special deal with the president-elect...

By | January, 5, 2017|Categories: Articles, Featured|Tags: , , , , , , , |0 Comments

The Overlords of Finance

Danielle DiMartino Booth

The U.S. election and hurricane seasons are seemingly raging on in sync. Will one candidate or the other make landfall on Pennsylvania Avenue? Does Hurricane Matthew’s strength presage a turbulent fall and chilly economic data in the forecast? Strategists and economists are feverishly stabbing at the over and under on it all...