Daily new COVID-19 cases continue an upward trend with the increases occurring mainly in areas that previously did not have large outbreaks. However, the President and First Lady have tested positive for the virus, which raises attention to the pandemic…
Daily new COVID-19 cases stayed on an upward trend primarily due to increases in the Midwest and West. The overall economy appears to have hit a ceiling with the jobs recovering stalling and auto sales struggling. Housing remains the strongest…
The number of daily new COVID-19 cases is increasing again, due to lax behavior over the Labor Day holiday weekend, much like we saw after Memorial Day. Momentum in several parts of the economy appears to be stalling. Retail sales…
Today’s Fed announcement was not about current rate levels, which remain near zero, but about expectations for the economy, guidance on rates long term, and elaboration on what it will take to shift away from low rates when the time…
The trends for COVID-19 and consumer sentiment are encouraging, but the economy and the jobs recovery seem to have lost momentum from a stronger bounce back this spring and summer. The peak demand phase in the used car market seems…
The peak in daily new COVID-19 cases was seven weeks ago. Hospitalizations and deaths have been declining as well. However, outbreaks on college campuses caused daily cases to stop declining last week. The jobs recovery continues, but the pace of…
The peak in daily new COVID-19 cases was six weeks ago, and now hospitalizations and deaths are in decline as well. The decline has helped consumer sentiment improve modestly. Home sales are strong with low mortgage rates and favorable demographics.…
The peak in daily new COVID-19 cases was five weeks ago, and now hospitalizations and deaths are declining as well. The jobs recovery continues, but the country still has 14.8 million on unemployment benefits. Consumer sentiment has also been slowly…
The peak in daily new COVID-19 cases was four weeks ago, and now hospitalizations are clearly declining as well. The jobs recovery is improving again, but the country still has 15.5 million on unemployment benefits. Consumer sentiment has also been…
The peak in daily new COVID-19 cases was more than two weeks ago, and now it appears that hospitalizations and deaths are no longer growing either. It also appears that the jobs recovery may also be improving again, albeit at…
