Strategic Global Intelligence Brief for November 20, 2019

By Chris Kuehl, Ph.D., NACM Economist — Short Items of Interest—U.S. Economy — Another Round of Stopgap Funding — The government shutdown will be averted once again, but there is still no real budget in place. The decision was made to pass another short-term extension and keep the government functioning through December 20. The Senate will take up ...
Continue reading
  59 Hits
  0 Comments
59 Hits
0 Comments

Strategic Global Intelligence Brief for November 18, 2019

By Chris Kuehl, Ph.D., NACM Economist — Short Items of Interest—U.S. Economy — Where Is the Wage Inflation? — One of the laments from the economic community has been the apparent demise of the Philips Curve. This tool has been around since the 1950s. It stated logically enough that when the rate of unemployment fell, there would be wage inflation a...
Continue reading
  112 Hits
  0 Comments
112 Hits
0 Comments

Strategic Global Intelligence Brief for November 11, 2019

By Chris Kuehl, Ph.D., NACM Economist — Short Items of Interest—U.S. Economy — Going Underwater on Vehicles — The homeowner was once the greatest risk as far as going underwater on a loan. It was not uncommon for people to buy a house at a price that was not maintained. By the time they decided to sell that home, it was worth less than when they bo...
Continue reading
  79 Hits
  0 Comments
79 Hits
0 Comments

Strategic Global Intelligence Brief for November 6, 2019

By Chris Kuehl, Ph.D., NACM Economist — Short Items of Interest—U.S. Economy — Business Loan Decline — The Fed has announced that business loan demand was down last quarter. The expectation is that the pace will slow even more in the fourth. This is not much of a shock given all the other data that has been accumulating. The business community is s...
Continue reading
  107 Hits
  0 Comments
107 Hits
0 Comments

Strategic Global Intelligence Brief for November 4, 2019

By Chris Kuehl, Ph.D., NACM Economist — Short Items of Interest—U.S. Economy — More Manufacturing Data on Tap This Week — The last few weeks have repeatedly shown weakness in the global manufacturing sector. That has been weighing on the U.S. economy as well. The latest set of Purchasing Managers' Index (PMI) numbers have been weaker than they were...
Continue reading
  120 Hits
  0 Comments
120 Hits
0 Comments

Strategic Global Intelligence Brief for November 1, 2019

By Chris Kuehl, Ph.D. — Short Items of Interest—U.S. Economy — Consumers Are Still Spending — The latest data from the Personal Consumption Expenditures Index (PCE) shows that consumers are still busy and still propping up the U.S. economy. It has been repeated ad nauseum, but it remains as true as ever—consumption is the key to the success of the ...
Continue reading
  131 Hits
  0 Comments
131 Hits
0 Comments

Strategic Global Intelligence Brief for October 30, 2019

By Chris Kuehl, Ph.D., NACM Economist — Short Items of Interest—U.S. Economy — Test for Gig Economy — The future of the "gig economy" may be determined by the battle being waged in California over how to classify those who are engaged in activities such as ride sharing, delivery services and the like. The companies such as Uber, Lyft, DoorDash and ...
Continue reading
  138 Hits
  0 Comments
138 Hits
0 Comments

Strategic Global Intelligence Brief for October 28, 2019

By Chris Kuehl, Ph.D., NACM Economist — Short Items of Interest—U.S. Economy — Interest Rate Cuts — The Fed is starting to consider what it does next. The consensus view is that another quarter point reduction is likely. The two reductions that have taken place in recent months have been described by the Fed as "insurance" as there was no real pres...
Continue reading
  109 Hits
  0 Comments
109 Hits
0 Comments

Strategic Global Intelligence Brief for October 25, 2019

By Chris Kuehl, Ph.D., NACM Economist — Short Items of Interest—U.S. Economy — Chances for Major Deal with China Remain Remote — There has been some excitement in the global markets over the possibility of a "phase one" deal between the U.S. and China, but that optimism has been tempered by the fact that few think the next phases will be developed ...
Continue reading
  132 Hits
  0 Comments
132 Hits
0 Comments

Strategic Global Intelligence Brief for October 23, 2019

By Chris Kuehl, Ph.D., NACM Economist — Short Items of Interest—U.S. Economy — Fed Injects More Liquidity — As promised, the Federal Reserve injected more long-term and short-term liquidity into the markets in an effort to reduce the volatility manifesting of late. The overnight lending markets have been nervous and somewhat unpredictable so the Fe...
Continue reading
  131 Hits
  0 Comments
131 Hits
0 Comments

Strategic Global Intelligence Brief for October 22, 2019

By Chris Kuehl, Ph.D., NACM Economist — Short Items of Interest—U.S. Economy — Massive Increase in School Funding — The current plan from Senator Elizabeth Warren would allocate $800 billion to public education—$450 billion to Title One funding for low income students, $200 billion for students with disabilities, another $100 billion for various gr...
Continue reading
  129 Hits
  0 Comments
Tags:
129 Hits
0 Comments

Strategic Global Intelligence Brief for October 18, 2019

By Chris Kuehl, Ph.D., NACM Economist — Short Items of Interest—U.S. Economy Manufacturing "Fragility" The latest industrial production numbers showed a fairly steep decline in the manufacturing sector—the biggest part of the measurement. The utilities held their own and there was a small decline in the mining sector (oil and gas) as well. The over...
Continue reading
  204 Hits
  0 Comments
204 Hits
0 Comments

Strategic Global Intelligence Brief for October 16, 2019

By Chris Kuehl, Ph.D., NACM Economist — Short Items of Interest—U.S. Economy — Is It Still the Economy? — If the answer to this question is "yes," the polls suggest that Trump will win the 2020 election with a wider margin of victory than in 2016. The current position of the voting public is as polarized as it has been in decades with nearly equal ...
Continue reading
  193 Hits
  0 Comments
193 Hits
0 Comments

Strategic Global Intelligence Brief for October 14, 2019

By Chris Kuehl, Ph.D., NACM Economist — Short Items of Interest—U.S. Economy — Tariff Threat Remains — Nobody seems to be getting too excited over the latest "deal" between the U.S. and China although there is some sense both countries are walking away from the edge of the cliff. The White House has reminded China that these more punitive tariffs w...
Continue reading
  173 Hits
  0 Comments
173 Hits
0 Comments

Strategic Global Intelligence Brief for October 11, 2019

By Chris Kuehl, Ph.D., NACM Economist — Short Items of Interest—U.S. Economy — Manufacturing in Recession? — According to two-thirds of the economists polled by the Wall Street Journal , the overall manufacturing sector in the U.S. is now officially in recession as there have been two consecutive quarters of contraction. The decline has yet to plun...
Continue reading
  140 Hits
  0 Comments
140 Hits
0 Comments

Strategic Global Intelligence Brief for October 9, 2019

By Chris Kuehl, Ph.D., NACM Economist — Short Items of Interest—U.S. Economy — Agriculture — Key to Breaking Trade Deadlock? — There is far more reason for pessimism than optimism about the trade war between the U.S. and China, but if there is a glimmer of hope, it may well come from the agricultural community. The Chinese are back in the market fo...
Continue reading
  172 Hits
  0 Comments
172 Hits
0 Comments

Strategic Global Intelligence Brief for October 7, 2019

By Chris Kuehl, Ph.D., NACM Economist — Short Items of Interest—U.S. Economy — Economy Is in a Good Place — In advance of the release of the Fed minutes, there have been some encouraging words out of the Fed. Perhaps the most interesting comments have come from Esther George of the Kansas City Fed. She is a hawk who has dissented from the Fed decis...
Continue reading
  181 Hits
  0 Comments
181 Hits
0 Comments

Strategic Global Intelligence Brief for October 4, 2019

By Chris Kuehl, Ph.D., NACM Economist Short Items of Interest—U.S. Economy Mester Reminds People of the Danger of Low Rates Next year, the head of the Cleveland Fed, Loretta Mester, will be on the Open Market Committee and voting on what to do with interest rates. She has been a hawk on rates for a very long time as she was a disciple of the Philad...
Continue reading
  161 Hits
  0 Comments
161 Hits
0 Comments

Strategic Global Intelligence Brief for October 2, 2019

By Chris Kuehl, Ph.D., NACM Economist — Short Items of Interest—U.S. Economy — Manufacturing Matters — One of the adages in economic analysis is that we are what we measure. The "knock" on manufacturing as an influence in the overall economy is there are not that many people employed in the sector compared to other professions and compared to the p...
Continue reading
  176 Hits
  0 Comments
176 Hits
0 Comments

Strategic Global Intelligence Brief for September 30, 2019

By Chris Kuehl, Ph.D., NACM Economist — Short Items of Interest—U.S. Economy — Global Slowdown Catching Up For the last several months, there has been an expectation of global impact on the U.S. economy, but it seemed the consumer and the business community was managing to avoid the pitfalls. Those days may be coming to an end. The latest data has ...
Continue reading
  177 Hits
  0 Comments
177 Hits
0 Comments