Macro

Data Round-Up: Claims, Regionals, Industrial Production -- A Very Good Day

written by Michael Lewis on October 16, 2014

FMI’s analyses of today’s October Philadelphia Fed Regional Manufacturing survey (and other Fed Bank surveys), September Industrial Production report and the latest Weekly UI Claims & Rail Traffic data.

Data Round-Up: A Soft September But Trends Remain Healthy

written by Michael Lewis on October 15, 2014

FMI’s analyses of today’s September Retail Sales and August Business Inventories reports as well as a review of September PPI data.

Data Round-Up: Small Businesses Plan Some Pick-Up In Hiring

written by Michael Lewis on October 14, 2014

While small firms remain somewhat pessimistic, the NFIB survey shows that they have begun to increase hiring and that they plan to do more in coming months. Wages are also rising, albeit gradually.

Data Round-Up: Small Businesses Plan Some Pick-Up In Hiring

written by Michael Lewis on October 14, 2014

While small firms remain somewhat pessimistic, the NFIB survey shows that they have begun to increase hiring and that they plan to do more in coming months. Wages are also rising, albeit gradually.

Japan Financial Markets Moved by U.S. Events

written by Richard Katz on October 16, 2014

The ups and downs of Japanese stocks have closely mirrored those in the US since August.

Incipient LDP/SME Revolt Against First Arrow

written by Richard Katz on October 08, 2014

When some powerful leaders of the Liberal Democratic Party (LDP) complain that the “First Arrow” of Abenomics (monetary ease and yen deprecation) is causing more harm than good, you know that the credibility of Abenomics has reached a turning point. And when this coincides with an indicator from the Cabinet Office that suggests the risk of an out-and-out recession following the April hike in the consumption tax, then you know that the bloom is really off the rose.

Bad Month for Abenomics

written by Richard Katz on October 07, 2014

September was not a good month for Abenomics. That meant it was not a good month for Prime Minister Shinzo Abe either. The bump in the polls that Abe received following his Cabinet reshuffle a month ago has already begun to fade. Consider these shocks to the credibility of Abenomics.