FMI’s commentary on the economic effects -- and potential benefits -- of Trump’s tariffs.
FMI’s analyses of this morning’s May Housing Starts report.
FMI’s review of this morning’s May Existing Home Sales report.
FMI’s commentary on how Jay Powell could improve further on his pretty good start as Fed chairman. Unfortunately, we harbor no illusions that these recommendations will be adopted. We offer them as food for thought -- and perhaps a smile -- for a Friday afternoon.
FMI’s analysis of today’s May New Home Sales report. Also this morning, the Dallas Fed’s regional Texas Manufacturing Index rose +5 points to a robust 33 in June (company outlook measure); zero is break-even for the survey.
FMI’s analyses of today’s May PMI and April Construction reports.
FMI’s review of today’s May Non-Manufacturing Index and April Job Openings & Labor Turnover Survey results.
FMI’s analyses of today’s May Employment report.
FMI’s analyses of this morning’s April Retail Sales and March Business Inventories reports, and an updated look at likely GDP revisions for 18Q1 (all three also attached as a single PDF), plus notes on this morning’s the May NY Fed Empire regional manufacturing index and the May NAHB Housing Market index.