U.S. equities climbed modestly higher on Friday to mark a fresh set of record closes, though a closer look at sector performance hints at some important nuance. And as the yield curve steepens and…

Though the economic situation in the U.S. is improving overall, unemployment remains a major concern; jobless claims just hit their highest level in four weeks and initial benefits claims are inching…

Inflation expectations are climbing in the U.S., aided by the current deep freeze in Texas which is straining energy infrastructure and pushing oil prices higher. But inflation indicators aren’t just…

Given the level of stimulus pumped into the system over the last year, there is much anticipation around inflation. Levels have remained relatively subdued overall apart from certain sectors….

The Oxford Economics U.S. Recovery Tracker shows some marginal improvement in the past few weeks as vaccination has launched in earnest, though unemployment remains elevated and a significant…

After a disappointing payrolls report and a significant downward revision to previous figures, the labor market recovery looks to have stalled—even the robust manufacturing sector lost jobs last month…

The service sector recovery looks to be gaining some traction and outperformed expectations, though significant bifurcation remains as “the Covid factor” continues to exert its influence…

The U.S. Manufacturing PMI has hit a 10-year high in another sign of strength from the sector, though it does look as if it’s also experiencing some margin pressures as prices paid outpace prices…

Consumer spending held up well in December, dipping slightly month-over-month but still coming in above expectations. Spending on services however, is still lagging and has yet to recover…

The latest “advance” estimate on 4Q2020 U.S. GDP is reporting 4.0% and this will now serve as an inflation gauge for the Fed. Speaking of the Fed, while they maintain an accommodative policy and…