Category: Global Economics

Retail sales rose 1.6% in March topping the most optimistic estimates.

Sixty-six percent of Americans now support legalizing marijuana, another new high in Gallup’s trend over nearly half a century.

The Fed’s “Beige Book” is a compilation of economic activity by each of twelve Federal Reserve districts.

We now have a new tentative date for a trade deal with China: May 27 or Sometime in June.

Wholesale inventories rose 0.2% in February. The inventory to sales ratio is elevated.

The Cass Freight Index, a measure of truck shipments is down for the fourth consecutive month year-over-year.

JPMorgan, BofA post record results on the back of retail divisions. BofA says it is prepared if a recession hits.

Industrial production unexpectedly slipped in March, down 0.1% vs an expected gain of 0.3%.

As part of a trade deal, the US and China will both keep $50 billion in tariffs. Trump asked China…

Goldman Sachs leads the way this quarter on “beat the street” silliness.