Strategic Global Intelligence Brief for December 3, 2018

Short Items of Interest—U.S. Economy China Makes First Move It has not come as a great shock, but it seems that China has been the first to blink in the trade war. The concession made by China has to do with removing some of the barriers to U.S. car imports. This was not seen as one of the most important areas of dispute between the U.S. and China,...
Continue reading
  259 Hits
  0 Comments
259 Hits
0 Comments

Strategic Global Intelligence Brief for November 30, 2018

Short Items of Interest—U.S. Economy NAFTA Is Dead—Long Live NAFTA The U.S.-Mexico-Canada Trade Agreement has been signed by the respective leaders of the three nations, but that may be the easier of the battles to wage. Now the agreement has to be approved by the legislatures of the three signatory nations. That is expected to be an uphill battle....
Continue reading
  265 Hits
  0 Comments
265 Hits
0 Comments

Strategic Global Intelligence Brief for November 28, 2018

Short Items of Interest—U.S. Economy Economic Indicators Flashing Yellow Of course there are a wide variety of indicators to choose from and no two economists will look at exactly the same ones, but some of the more widely used indicators are not as robust as they were even a few months ago. There has been talk of a recession in 2019 or 2020 depend...
Continue reading
  325 Hits
  0 Comments
325 Hits
0 Comments

Strategic Global Intelligence Brief for November 26, 2018

Short Items of Interest—U.S. Economy Mixed Start to Retail Season Black Friday has come and gone. Then there is Cyber Monday to consider. At one time, the only one of these that really mattered was that fabled Friday after Thanksgiving when the retailers pulled out all the stops to get that first consumer dollar. Now, we are dealing with what many ...
Continue reading
  274 Hits
  0 Comments
274 Hits
0 Comments

Strategic Global Intelligence Brief for November 19, 2018

Short Items of Interest—U.S. Economy Emerging Crisis in Inventory Levels What do you get when you combine a growing economy and all manner of trade restrictions and tariffs? The most immediate problem is an inventory shortage. That has started to affect a whole slew of manufacturers in a wide variety of sectors. The problem is they can't get the re...
Continue reading
  251 Hits
  0 Comments
251 Hits
0 Comments

Strategic Global Intelligence Brief for November 16, 2018

Short Items of Interest—U.S. Economy Industrial Production Is Up For the fifth straight month, the rate of industrial production has risen. It has been due to the surge in manufacturing activity. The category of industrial production is a three-legged stool that includes activity in the mining sector as well as utility activity. There was little gr...
Continue reading
  227 Hits
  0 Comments
227 Hits
0 Comments

Strategic Global Intelligence Brief for November 14, 2018

Short Items of Interest—U.S. Economy Inflation Surges Due to Gas Prices The pace of consumer price hikes accelerated last month. The consumer is now looking at higher gas prices for the first time in a while. Prices have been going up from time to time in the last few years, but this is the first time these prices have been accelerating over a sign...
Continue reading
  261 Hits
  0 Comments
261 Hits
0 Comments

Strategic Global Intelligence Brief for November 12, 2018

Short Items of Interest—U.S. Economy Dollar Surges As much as the U.S. would like to see imports decline and exports surge ahead that will be hard to pull off as long as the dollar keeps getting stronger. The dollar has been hitting highs not seen in 18 months. That is making it very hard on exporters at the same time it makes imports easier to sel...
Continue reading
  243 Hits
  0 Comments
243 Hits
0 Comments

Strategic Global Intelligence Brief for November 9, 2018

Short Items of Interest—U.S. Economy Why Midterms Likely Mean a Booming Retail Season There are multiple reasons why this holiday retail season is likely to be great, but there is one key reason why it could blow the door off of records. First, let's state the obvious reasons why this year's retail season could be a record-breaker: GDP trending nea...
Continue reading
  263 Hits
  0 Comments
263 Hits
0 Comments

Strategic Global Intelligence Brief for November 7, 2018

Short Items of Interest—U.S. Economy The New Political Reality It looks quite a bit like the old political reality, but with some new wrinkles that will play a bigger role as 2020 gets closer. By now, you have heard the major stories—the Senate is more firmly in the hands of the GOP with the loss of three Democratic incumbents. The House is now in ...
Continue reading
  235 Hits
  0 Comments
235 Hits
0 Comments

Strategic Global Intelligence Brief for November 5, 2018

Short Items of Interest—U.S. Economy Hiring Is Up and so Are Wages The latest jobs report showed some movement as far as wages are concerned. This has been long overdue. It is not the rocket speed some had feared and there is still relatively little pressure on wage inflation, but a least there are gains considered near normal. The fact is there ar...
Continue reading
  208 Hits
  0 Comments
208 Hits
0 Comments

Strategic Global Intelligence Brief for November 2, 2018

Short Items of Interest—U.S. Economy Labor Report There were some aspects of the latest labor report that were eagerly awaited. For the most part, the news has been better than many had expected. The wage hike most had been expecting did indeed materialize with a 3.1% annual rate. That is as good as has been seen since the start of the recession. T...
Continue reading
  214 Hits
  0 Comments
214 Hits
0 Comments

Strategic Global Intelligence Brief for October 31, 2018

Short Items of Interest—U.S. Economy Consumer Confidence at 18-Year High The latest numbers from the Conference Board are out and are quite a surprise. They might not be all that indicative of the real mood of the U.S. consumer, but they are astonishing. By now, readers of this newsletter know I do not place much stock in consumer confidence number...
Continue reading
  212 Hits
  0 Comments
212 Hits
0 Comments

Strategic Global Intelligence Brief for October 30, 2018

Short Items of Interest—U.S. Economy Inflation Remains Tepid There are many ways to measure inflation. Some are more variable than others. Economists are often dinged for the way they treat core inflation numbers. We routinely ignore the price of fuel and food as these can be very volatile month to month. It's hard to make accurate assessments of h...
Continue reading
  194 Hits
  0 Comments
194 Hits
0 Comments

Strategic Global Intelligence Brief for Oct. 26, 2018

Short Items of Interest—U.S. Economy Consumer Sentiment Up but Not as High as Before The level of consumer confidence has been elevated all year. This is better than it being lower than usual, but given that consumer confidence surveys can be notoriously fickle it is hard to really understand what they are indicating. This month, the level of confi...
Continue reading
  260 Hits
  0 Comments
260 Hits
0 Comments

Strategic Global Intelligence Brief for October 25, 2018

Short Items of Interest—U.S. Economy Government Spending Pushes Economy Forward Specifically, it has been the rise in defense spending that has done the propelling. The increase was due to an increase in the purchase of aircraft and aircraft parts. This is one of the largest gains in years and has been attributed to the heavy use of air power in mo...
Continue reading
  340 Hits
  0 Comments
340 Hits
0 Comments

Strategic Global Intelligence Brief for October 24, 2018

Short Items of Interest—U.S. Economy U.S. Selling Fewer Treasuries This hardly qualifies as a crisis yet, but it bears watching. The share of foreign investment in U.S. bonds has rarely been this low. It stands at 41%. Even as recently as two years ago, the percentage was 50%. The yields for U.S. treasuries have been generally down—the 10-year bond...
Continue reading
  276 Hits
  0 Comments
276 Hits
0 Comments

Strategic Global Intelligence Brief for October 22, 2018

Short Items of Interest—U.S. Economy Barriers to Higher Wage Growth There has been something missing as far as the economy has been concerned. The issue has been persistent enough to create some real issues. Every study of the economy over the last several decades has revealed a logical connection between the levels of employment and wages. The log...
Continue reading
  207 Hits
  0 Comments
207 Hits
0 Comments

Strategic Global Intelligence Brief for October 19, 2018

Short Items of Interest—U.S. Economy Recession and Employment It is a safe bet that at some point the U.S. will be contending with another recession—although there is a lot of disagreement as to when that might take place and how bad it will get. The arrival of even a mild recession will have an almost immediate impact on jobs as there will be comp...
Continue reading
  263 Hits
  0 Comments
263 Hits
0 Comments

Strategic Global Intelligence Brief for October 18, 2018

Short Items of Interest—U.S. Economy Slumping Housing Market The slide continues as far as the housing sector is concerned. Both starts and permits are down—starts fell by over 5%. This is not taking anybody by surprise as most had expected to see this kind of decline some months ago. It seems to have taken a little longer than expected for the hea...
Continue reading
  222 Hits
  0 Comments
222 Hits
0 Comments