This Week's State Of The Economy - What Is Ahead? - 17 June 2022

By: Taro Chellaram /Wells Fargo Economics & Financial Report/Jun 20, 2022

This Week's State Of The Economy - What Is Ahead? - 17 June 2022

Two such innings in the same game is not believed to have ever been accomplished in the modern history of major league baseball.  After last week's stronger-than-expected CPI, less surprising was the 75 point rate increase put forth by the Fed.  Meanwhile, markets went into a churn on the increased risk of recession that rate increase introduces. The Bank’s economists now look for the U.S. economy to experience a mild contraction in mid-2023 as economic data released this week add to evidence that the chances of a soft landing are fading.  The economic ground beneath us continues to shift.




This Week's State Of The Economy - What Is Ahead? - 06 May 2022

Unlike Yordan Alvarez, no one is expecting the Fed to stand back and admire their handiwork after this weeks 50 basis point increase in the Fed Discount Rate. Similar to Yordan, their effort is more of a single and not a home run.

This Week's State Of The Economy - What Is Ahead? - 02 December 2022

Total payrolls rose by 263K in November, with the unemployment rate holding steady at 3.7% and average hourly earning rising by 0.6%.

This Week's State Of The Economy - What Is Ahead? - 01 July 2022

As with the Mets and Yankees when they ran into the Astros over the last couple days, consumers staying power is showing signs of running out as inflation persists and confidence moves sharply lower.

This Week's State Of The Economy - What Is Ahead? - 26August 2022

I can understand how the opportunity to participate in lots of scintillating economic policy discussions could make fishing look exciting in comparison.

This Week's State Of The Economy - What Is Ahead? - 31 January 2020

Mexico’s economy has slowed notably over the last year, with the economy contracting again in Q4, indicating a full-year contraction for 2019.

This Week's State Of The Economy - What Is Ahead? - 07 August 2020

There were more signs of global recovery this week and PMI surveys improved further across the world.

This Week's State Of The Economy - What Is Ahead? - 10 January 2020

The week began amid rising tensions carrying over from the U.S. killing of Iranian General Qasem Soleimani last Friday.

This Week's State Of The Economy - What Is Ahead? - 13 August 2021

The general outlook remains positive as households have accumulated over $2T in excess savings on their balance sheets and net worth has risen across all income groups.

Where Will That $2 Trillion Come From Anyway?

Net Treasury issuance is set to surge in the coming weeks and months. At present, we look for the federal budget deficit to be $2.4 trillion in FY 2020 and $1.7 trillion in FY 2021.

This Week's State Of The Economy - What Is Ahead? - 24 March 2023

The FOMC hiked the federal funds rate by 25 bps on Wednesday amid continued strength in the labor market and elevated inflation.


Instagram

@ tcgcrealestate

Subscribe Now! IT's Free

Stay up to date with all news coming straight in your mailbox.

Copyright © 2023 TC Global Commercial. All rights reserved.