U.K. retail sales

Covid Alive and Well and Exerting Varied Influence

July 23, 2021

July preliminary purchasing manager survey results reported today for the euro area, U.K., Australia and United States confirm continuing robust economic activity but weaker business confidence due to elevated inflation, supply-side constraints in labor and materials, and not least the highly infectious Delta Variant of Covid-19. The number of globally identified coronavirus cases keeps grinding […] More

Many Balls in the Air

September 18, 2014

There is much for investors to watch this Thursday. A Scottish referendum on independence will determine the future of Great Britain and have implications far beyond the Commonwealth.  The vote is considered too close to predict, although latest polls suggest a marginal edge toward rejections. Markets continue to react to yesterday’s FOMC hand-outs and press […] More

Economic Data and Central Bank Plans Occupy Most Attention

August 21, 2014

The Jackson Hole Symposium for central banking begins today. July 30 FOMC minutes released yesterday expressed surprise over the speed of improvement in the U.S. labor market and noted that Fed exit strategy will be anchored around the fed funds target.  Chair Janet Yellen speaks Friday at the Symposium. ECB President Draghi also addresses the […] More