Archive for January 25th, 2024

Deeper Analysis

Economic Records in Their Third Years: Biden Versus Trump

January 25, 2024

It takes a while for the policies implemented by a new presidential administration to affect the U.S. economy. Today’s fourth-quarter GDP report provides useful information for comparing the U.S. economic performance in the the third year of the Biden Administration to the record of his predecessor. It’s also a good time to take stock because […] More

New Overnight Developments Abroad - Daily Update

Data and Central Bank Meetings Both in Thursday’s Spotlight

January 25, 2024

The U.S. dollar has been generally steady, however, with overnight upticks of 0.3% against the Swiss franc and 0.1% relative to the euro but 0.1% downticks versus sterling and the Australian, New Zealand and Canadian dollars. U.S. stock futures are also flat. Major continental stock markets are down 0.5-1.1%, pending the ECB rate announcement and […] More

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