ism manufacturing pmi

The ISM Conundrum

By |2019-09-03T12:46:23-05:00September 3rd, 2019|Bonds, Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

Bond yields have tumbled this morning, bringing the 10-year US Treasury rate within sight of its record low level. The catalyst appears to have been the ISM’s Manufacturing PMI. Falling below 50, this widely followed economic indicator continues its rapid unwinding. Back in November 2018, at just about 59 the overall index had still been [...]

US Industrial Downturn: What If Oil and Inventory Join It?

By |2019-08-15T18:42:26-05:00August 15th, 2019|Bonds, Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

Revised estimates from the Federal Reserve are beginning to suggest another area for concern in the US economy. There hadn’t really been all that much supply side capex activity taking place to begin with. Despite the idea of an economic boom in 2017, businesses across the whole economy just hadn’t been building like there was [...]

Contact

Phone: 1-888-777-0970

Fax: 305-397-1686

RSS Recent Posts