Archive for May 16th, 2024

Deeper Analysis

Comparatively Strong U.S. Economic Growth Since 2018

May 16, 2024

A series of shocks have slammed world growth over the past 6-7 years — deglobalization, the Covid-19 pandemic, Russia’s invasion of Ukraine, restrictive monetary policy to counter inflation, and the Israeli-Gaza war. The United States economy has weathered these storms comparatively well. Prior to Covid, real GDP in the U.S. averaged 2.75% per annum in […] More

New Overnight Developments Abroad - Daily Update

Disappointing Japanese GDP, Another Flurry of U.S. Data Releases, and Elevated U.S. Equities

May 16, 2024

In U.S. stock futures trading ahead of the opening bell, the Nasdaq, SPX, and Dow are each hovering around record highs hit yesterday. Investors await the release today of U.S. industrial production, housing starts, jobless insurance claims, import prices, the latest Philly Fed manufacturing survey and more comments from Fed officials such as Bostic and […] More

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