Inflation Cools Slightly Despite Lingering Pressures, Consumer Credit Growth, and a Look at China’s Housing Market
Supply chain issues are pushing up producer prices and driving inflationary pressures; though CPI came in below expectations, the median month-over-month gain hit a multi-year high. But how useful...
With Markets Charging Towards New Highs, Should Investors Wait for a “Better Deal”?
With the relatively unprecedented strength we have seen in global equity markets over the past ~2.5 years (with one rather extreme hiccup in between), some investors may be apprehensive about...
VIDEO: BCM’s 2Q21 Quarterly Market Update Call with the PM
Economic "normalization" continued as the effects of the reopenings were seen in Q2. The U.S. is growing faster than most other developed nations, at higher than expected rates prior to Covid, but is this just a reopening upswing that will fizzle out?
A Disappointing Jobs Report, Approaching Wage Growth, and a Look at the Historic Market Recovery
Last week’s jobs report disappointed as we moved into Labor Day Weekend, adding yet more data that indicates global growth may be losing steam. Though conditions have tightened, small businesses...
Manufacturing Slows in the U.S. and Abroad, Supply-Chain Bottlenecks, and a Look at Consumer Confidence
Manufacturing activity is slowing across the U.S. as the nation grapples with the Delta variant and significant supply-chain bottlenecks; the latest survey out of the Dallas Fed dramatically...
Consumer Spending Slows, Investors Digest Fed Comments, and the Soaring Cost of Equities
U.S. consumer spending came in slightly below expectations in July but remains above the pre-pandemic trendline and has continued to grow month-over-month. Meanwhile, the personal savings rate...