BY: MARSHALL BARTLETT Senior Vice President / Portfolio Manager (615) 591-0611 mbartlett@argenttrust.com Later today, the minutes from the latest Federal Reserve meeting will be released, which should contain additional insight on the decision…
BY: MARSHALL BARTLETT Senior Vice President / Portfolio Manager (615) 591-0611 mbartlett@argenttrust.com Announced this morning, the Consumer Price Index (CPI) was unchanged in January, less than forecasts, and grew 1.6% on an annual…
BY: MARSHALL BARTLETT Senior Vice President / Portfolio Manager (615) 591-0611 mbartlett@argenttrust.com Announced this morning, jobless claims for the week ended 2/2/2019 fell 19k to 234,000. While falling less than forecasts, likely due…
BY: MARSHALL BARTLETT Senior Vice President / Portfolio Manager (615) 591-0611 mbartlett@argenttrust.com In the comments following yesterday’s Federal Reserve meeting, chair Jerome Powell restated their intention to remain patient with interest rate policy…
BY: MARSHALL BARTLETT Senior Vice President / Portfolio Manager (615) 591-0611 mbartlett@argenttrust.com Announced yesterday, Existing Home Sales decreased 6.4% in December, much lower than expected and the largest monthly decrease since November 2015….
BY: MARSHALL BARTLETT Senior Vice President / Portfolio Manager (615) 591-0611 mbartlett@argenttrust.com In the data released this morning, Initial Jobless Claims were at 213,000 for the previous week, lower than forecasts. Historically,…
BY: MARSHALL BARTLETT Senior Vice President / Portfolio Manager (615) 591-0611 mbartlett@argenttrust.com Announced this morning, the Consumer Price Index (CPI) decreased slightly in December, falling 0.1% as expected. It has increased 1.9% on…
BY: MARSHALL BARTLETT Senior Vice President / Portfolio Manager (615) 591-0611 mbartlett@argenttrust.com Announced this morning, the economy added 312,000 jobs in December, much higher than the 184k expected. The unemployment rate increased two…
BY: MARSHALL BARTLETT Senior Vice President / Portfolio Manager (615) 591-0611 mbartlett@argenttrust.com Announced this morning, weekly jobless claims fell by 1,000 to 216,000 for the previous week, as expected. Throughout 2018, weekly jobless…
BY: MARSHALL BARTLETT Senior Vice President / Portfolio Manager (615) 591-0611 mbartlett@argenttrust.com The final reading on GDP growth in the third quarter is 3.4%, per this morning’s release, one tenth lower than expected….
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