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TOE Alert: Senate Reaches Deal on TPA vote; Question is When

Senate Republicans and Democrats reached a deal this afternoon to get a vote to begin debate on Trade Promotion Authority (TPA), following yesterday’s failure.

TOE Alert: Senate Reaches Deal on TPA vote; Question is When

Senate Republicans and Democrats reached a deal this afternoon to get a vote to begin debate on Trade Promotion Authority (TPA), following yesterday’s failure.

Data Round-Up: After Soft Start in Retail, Consumption on Track for +2% Real Gain in 15Q2

FMI’s analyses of today’s April Retail Sales and March Business Inventories reports, an updated look at 15Q1 GDP Sources & Assumptions, and a review of April US Dollar and Trade Prices results.

TPA Vote Today was Part of the Negotiations

Trade Promotion Authority (TPA) has been delayed by today’s vote in the Senate against immediate opening of floor debate, but it definitely does not mean that TPA is dead. Rather, the vote is part of the negotiations between the Democrats and Republicans on how many other matters will be bundled together with TPA.

TPA Vote Today was Part of the Negotiations

Trade Promotion Authority (TPA) has been delayed by today’s vote in the Senate against immediate opening of floor debate, but it definitely does not mean that TPA is dead. Rather, the vote is part of the negotiations between the Democrats and Republicans on how many other matters will be bundled together with TPA.

Healthy Jobs Gain Keeps Fed on Track for Rate Hike by Late Summer

FMI’s analysis of this morning’s April Employment reports.

Who Wins, Who Loses?

In this report Richard analyzes who has gained and who has lost because of the yen’s big depreciation.

April Employment Preview: Expect +225K Private Payroll Jobs

FMI’s Preview of April Employment including a review of the latest Weekly Initial UI Claims & Rail Traffic data.

Data Round-Up: Productivity Plunged (Again) in 15Q1, Compensation Rising Briskly

FMI’s analysis of today’s 15Q1 Productivity and Labor Costs results.

‘Q1 Curse’ More than a Fluke, But Does Not Change Upbeat Trend

FMI’s Commentary on residual seasonal patterns in GDP and the “Q1 Curse.”

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