February PMI data showed a surprising increase in Manufacturing activity and other secondary macro data was consistent with moderate economic growth. Highlights for the coming week will be additional inflation
Weekly Review & Outlook: February 20, 2024
January consumer inflation data showed prices increasing more than expected while nominal January retail sales seasonally contracted. Bank industry news was more subdued than recent weeks. The January Consumer Price
Weekly Review & Outlook: February 12, 2024
Last week was relatively quiet from a macroeconomic perspective with no updates to material change the observed economic vector. This week’s news pace picks up highlighted by 1 of 2
Weekly Review & Outlook: February 5, 2024
“People are going to the store, and they’re paying much more for the basics of life than they were two years ago, three years ago. And they’re not happy about
Weekly Review & Outlook: January 29, 2024
Bank results trends for 4Q23 generally maintained those seen in the early reports. PMI readings for January showed economic acceleration to begin the year while 4Q23 growth topped expectations. The
Weekly Review & Outlook: January 22, 2024
With more than 30 larger banks having reported 4Q23 results, the general trend is a soft beat to net income expectations with cautious optimism for the 2024 outlook. No substantial