Brexit deal
Brexit Deal Reached, Congressman Cummings Dead, and Beige Book Reflects Slowdown
October 17, 2019
Several big stories hit the wires this morning. First, Congressman Elijah Cummings of Maryland, Chair of the House Oversight and Reform Committee and a leading figure in the investigation of President Trump, has died at age 68. He’d had several health problems, but exact details of cause of death were not provided. Second, British Prime […] More
Japanese GDP Contracted in 3Q, while Eurozone Growth Slowed in Half
November 14, 2018
Data released this Wednesday confirmed a widening gap between economic growth in the United States on the one hand (3.5% at a seasonally adjusted annualized rate SAAR last quarter) and Japan and Euroland on the other. Japanese real GDP contracted 0.3%, or 1.2% SAAR in 3Q. Personal consumption (-0.5% SAAR), public sector expenditures (-0.9%), and […] More
