Strategic Global Intelligence Brief for March 30, 2020

 By Chris Kuehl, Ph.D., NACM Economist—Short Items of Interest—US Economy—It's Trash Day There are front-line workers that we rarely hear much about, but we need them now more than ever. Today is the day that my trash is picked up. I am grateful that the refuse will soon vanish from in front of my house. I am a diligent recycler and composter....
Continue reading
  366 Hits
  0 Comments
366 Hits
0 Comments

Strategic Global Intelligence Brief for March 27, 2020

 By Chris Kuehl, Ph.D., NACM Economist—Short Items of Interest—US Economy—Stimulus Holdup It seems not everybody thinks the U.S. economy is in trouble. Rep. Thomas Massie from Kentucky has indicated he will vote against the bailout and will demand the vote be via roll call as opposed to a voice vote that doesn't require a quorum be present. He...
Continue reading
  308 Hits
  0 Comments
308 Hits
0 Comments

Strategic Global Intelligence Brief for March 25, 2020

 By Chris Kuehl, Ph.D., NACM Economist—Short Items of Interest—US Economy—Road to Hell and Best Intentions The decision on the part of the federal government to delay the time for people to file their income taxes was designed to give people a brief reprieve in the middle of the virus crisis, but as with most such gestures, it has had unintend...
Continue reading
  348 Hits
  0 Comments
348 Hits
0 Comments

Strategic Global Intelligence Brief for March 23, 2020

By Chris Kuehl, Ph.D., NACM EconomistShort Items of Interest—US EconomyFed Reacts with More Liquidity While Congress seems bogged down once again and may be delayed by several days and perhaps weeks, the Federal Reserve jumped back into the fray as Monday dawned. The latest actions are similar to those taken as the economic crisis of 2008 took hold...
Continue reading
  283 Hits
  0 Comments
283 Hits
0 Comments

Strategic Global Intelligence Brief for March 20, 2020

By Chris Kuehl, Ph.D., NACM Economist—Short Items of Interest—US Economy—Denial Always Helps The latest statements from Trump and his team are anything but helpful and have added to the angst in the business community. States have been asked to withhold information regarding jobless claims. This is ostensibly to focus attention on the national numb...
Continue reading
  288 Hits
  0 Comments
288 Hits
0 Comments

Strategic Global Intelligence Brief for March 18, 2020

By Chris Kuehl, Ph.D., NACM EconomistShort Items of Interest—US EconomyThird Crisis Reaction in 24 Hours from Fed The Federal Reserve is now officially in full crisis mode and is employing nearly all the tools used at the time of the financial sector meltdown in 2008. The economic collapse has not reached the same crisis level as was the case in 20...
Continue reading
  269 Hits
  0 Comments
269 Hits
0 Comments

Strategic Global Intelligence Brief for March 16, 2020

By Chris Kuehl, Ph.D., NACM Economist—Short Items of Interest—US Economy—Virus Crisis Number One As the reaction to the virus crisis expands, it has become abundantly obvious economic collapse is very likely. There are sectors that will be in bigger trouble than others. At the top of the list will be small business. If Seattle is any indication, th...
Continue reading
  264 Hits
  0 Comments
264 Hits
0 Comments

Strategic Global Intelligence Brief for March 13, 2020

By Chris Kuehl, Ph.D., NACM Economist—Short Items of Interest—US Economy—Reactions There may still be a good bit of debate over who is and who is not at risk from COVID-19, but there is unanimous agreement that the virus has devastated the global economy. The issue started out as a supply chain crisis stemming from the shutdown in China, but now th...
Continue reading
  264 Hits
  0 Comments
264 Hits
0 Comments

Strategic Global Intelligence Brief for March 11, 2020

By Chris Kuehl, Ph.D., NACM Economist—Short Items of Interest—US Economy—Mortgage Rates Plummet Not much good can come of the market collapse, but as investors frantically seek out havens, they are driving the yields on treasury bills to record lows. That has an impact on mortgage rates. The basic idea behind lowering the fed funds rate is to do ex...
Continue reading
  360 Hits
  0 Comments
360 Hits
0 Comments

Strategic Global Intelligence Brief for March 9, 2020

By Chris Kuehl, Ph.D., NACM Economist—Short Items of Interest—US Economy—Virus Ripple Number One—Oil The price per barrel of oil has crashed to levels not seen in decades as demand has collapsed for the commodity. The most significant decline has been in China, but there has been substantial reduction of demand in the U.S., Japan and Europe as well...
Continue reading
  349 Hits
  0 Comments
349 Hits
0 Comments

Strategic Global Intelligence Brief for March 6, 2020

By Chris Kuehl, Ph.D., NACM Economist—Short Items of Interest—US Economy—Job Numbers Look Good This is the report that came out before the impact of the virus. At this stage, the economy looks pretty solid with 273,000 jobs created—far more than had been anticipated. What happens from here is anybody's guess. The virus has not seemed to provoke any...
Continue reading
  267 Hits
  0 Comments
267 Hits
0 Comments

Strategic Global Intelligence Brief for March 4, 2020

By Chris Kuehl, Ph.D., NACM Economist—Short Items of Interest—US Economy—Hawks and Doves on Same Page It was expected the Fed would take action at some point, but that they chose to do this now was a shock as they had been asserting there was no immediate plan as recently as three weeks ago. That there was unanimous support was also a bit of a surp...
Continue reading
  254 Hits
  0 Comments
254 Hits
0 Comments

Strategic Global Intelligence Brief for March 2, 2020

By Chris Kuehl, Ph.D., NACM Economist—Short Items of Interest—US Economy—Lots of Data to Work with This Week There will be a chance to gauge just how important the virus outbreak has been. The various iterations of the Purchasing Managers' Index (PMI) will be released and several will be parsed very carefully. We already know the Chinese PMI plumme...
Continue reading
  300 Hits
  0 Comments
300 Hits
0 Comments

Strategic Global Intelligence Brief for February 28, 2020

By Chris Kuehl, Ph.D., NACM Economist—Short Items of Interest—US Economy—Meanwhile—Back at the Ranch It would seem that everything else in the economy stopped once the issue of the coronavirus hit, but as important as this outbreak has become, there is a certain amount of life that still goes on. One of the ongoing issues has to do with where peopl...
Continue reading
  341 Hits
  0 Comments
341 Hits
0 Comments

Strategic Global Intelligence Brief for February 26, 2020

By Chris Kuehl, Ph.D., NACM Economist—Short Items of Interest—US Economy—Home Prices Ratcheting Up The price of homes has been rising again—by 3.8% in 2019. In truth, the price of homes has been inching up consistently for years, but the pace quickened in the last year. The price hikes are varied with the highest being in the hottest markets (as on...
Continue reading
  259 Hits
  0 Comments
259 Hits
0 Comments

Strategic Global Intelligence Brief for February 24, 2020

By Chris Kuehl, Ph.D., NACM Economist—Short Items of Interest—US Economy—Consumer Confidence Watch Tomorrow, the Conference Board will release its latest survey data on the mind of the consumer. As long-time readers know by this time, I am not a huge fan of these consumer surveys as the consumer is notoriously fickle and hard to read. One day they ...
Continue reading
  296 Hits
  0 Comments
296 Hits
0 Comments

Strategic Global Intelligence Brief for February 21, 2020

By Chris Kuehl, Ph.D., NACM Economist—Short Items of Interest—US EconomyAnother Rough Year Ahead for Farmers The latest outlook from the Department of Agriculture is a depressing one. The expectation is that 2020 will be another hard one for the farming sector. The prices for the most commonly produced commodities are still down and expected to fal...
Continue reading
  249 Hits
  0 Comments
249 Hits
0 Comments

Strategic Global Intelligence Brief for February 19, 2020

By Chris Kuehl, Ph.D., NACM Economist—Short Items of Interest—US EconomyTrump Reversal?If you are having a hard time figuring out the Trump approach to China trade, you are not alone. In the last couple of years, it has been a mix of tactics without a discernible pattern. In many respects, it seems to reflect an internal battle between advisors, as...
Continue reading
  406 Hits
  0 Comments
406 Hits
0 Comments

Strategic Global Intelligence Brief for February 14, 2020

By Chris Kuehl, Ph.D., NACM Economist—Short Items of Interest—U.S. Economy—Slight Hike in Consumer Inflation The latest consumer price index has been released. It showed a 0.1% increase in consumer inflation. This is attributed to rising costs in sectors such as health care, food and housing. Even in these sectors, there was considerable variety. T...
Continue reading
  395 Hits
  0 Comments
395 Hits
0 Comments

Strategic Global Intelligence Brief for February 12, 2020

By Chris Kuehl, Ph.D., NACM Economist—Short Items of Interest—U.S. Economy—Revisions to the Oil Data There is little doubt the oil world has been flipped by the development of oil resources in the U.S. Each month, there is more data that reinforces that observation. The Energy Information Agency has announced the U.S. will set a new record for oil ...
Continue reading
  376 Hits
  0 Comments
376 Hits
0 Comments