FMI’s analysis this morning’s October International Trade report and November Non-Manufacturing Index.
FMI’s commentary on the House-Senate Conference Committee on tax reform.
FMI’s review of this morning’s official November Vehicle Sales totals and our Preview of the rest of this week's major data.
FMI’s analysis of today’s November PMI and October Construction reports as well as our review of 17Q3 GDP Sources & Assumptions.
FMI’s analyses of today’s October Personal Income & Consumption report, November Chicago Purchasing Managers survey, and Weekly Initial UI Claims & Rail Traffic data, along with our Summary of major data released in November.
FMI’s analysis of this morning’s Second Report of 17Q3 GDP
FMI’s analyses of today’s October Advance Indicators (Goods-trade, wholesale & retail inventories), September S&P/Case-Shiller Home Price Index and November Conference Board Consumer Confidence reports (all three attached as a single PDF) plus notes on this morning’s Richmond & Dallas Fed Bank Regional Surveys.
To no one’s surprise, Janet Yellen announced that she will resign her appointment as a Fed governor when she is replaced as chair on February 3, 2018. That means incoming chairman Jay Powell will take the helm with a nearly empty Fed Board of Governors.