We expect the Fed won’t raise rates until December, but a path to a September hike also exists.
The LEI provides a valuable monthly guidepost regarding the state of the current economic expansion.
Although the growth rate may be below trend, we remain confident the U.S. economy will continue to grow in 2016.
In addition to political uncertainty in the U.K., several other political events across Europe bear watching.
Financial markets reacted swiftly and sharply to the unexpected outcome of the Brexit referendum.
With a rate hike unlikely, the FOMC’s “dot plots” will likely be at the center of attention.
Weakness from the energy and manufacturing sectors is still affecting other parts of the economy.
The gap between GDP growth in the first and second quarters has widened over the past 20 years.
China’s recovery from the global economic crisis of 2008 was built on significant and unsustainable debt levels.
Job growth may be slowing, but it may also be at the height of its new potential.
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