While the new Donald Trump administration is still assembling, the outgoing Treasury Secretary, Janet Yellen, left a reminder that government business waits for no one. In a recent letter to lawmakers, Yellen warned that the U.S. would hit its debt c

Key Highlights from the Institute for Supply Management (ISM) Report on Business:

• Economic activity in both the manufacturing and services sectors improved in December relative to the previous month. However, the manufacturing diffusion ind

Key Highlights

• Inflation data have been mixed, creating a ripe environment for investors to debate the perceived inflation trajectory.

• The Federal Reserve (Fed) will announce its rate decision later today, along with pub

As the Election Day dust settles, the U.S. Dollar Index has found itself at fresh year-to-date highs. The post-election rally of around 3% has been underpinned by rising yields, a byproduct of an improving domestic growth outlook and rising inflation

Key Talking Points 

• Reported this morning, October inflation rose 0.2% from a month ago, the same monthly pace as July, August, and September as inflation is finding its balance.

• Despite the fairly steady

The technology sector was all the rage last week thanks to strong results from artificial intelligence (AI) darling NVIDIA (NDVA). Generally, a top-performing sector over the past decade, it’s hard to overstate technology’s importance to

Key Takeaways 

• Firms expect demand for luxury goods to be stable in 2024. 

• Overall, future buying plans for large-ticket items declined in January. 

• The job market is key for both growth trajecto

Key Takeaways

• Semiconductors continue to lead the broader market to new highs.

• The growing integration and excitement around artificial intelligence (AI) has revitalized demand and optimism for the industry.

• Wo

Key Takeaways 

• Inflation expectations over the next 12 months have convincingly improved, giving the Federal Reserve (Fed) reasons to pivot. We will likely notice improving inflation dynamics later this week. 

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Key Takeaways  

Not accounting for inflation, December online sales rose 9.7% from a year ago as consumers focused their attention on non-store shopping.  

Restaurant spending grew by over 11% from last y