Comments based on information available as of 7:00am CT on 11/7/2025 Growth: Brought To You By The Letter 'K' Consumer confidence is rising for households earning more than $50,000 and falling for those earning less. Earnings growth expectations are up for big...
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Macro & Market Musings
Macro & Market Musings – 10/31/25
Comments based on information available as of 5:35am CT on 10/16/2025 Growth: Confirmation Bias Run Amok When reliable data is scarce, prior beliefs tend to persist. While government statistics offer the most comprehensive and dependable insights, alternative...
Macro & Market Musings – 10/24/25
Comments based on information available as of 7:35am CT on 10/16/2025 Growth: Alternative Reality Without official government data releases, it's hard to gauge the health of the economy. There are private sector sources as an alternative, but they don't have the same...
Macro & Market Musings – 10/17/25
Comments based on information available as of 5:35am CT on 10/16/2025 Growth: 50 Shades Of Beige The Fed's Beige Book certainly didn't paint a rosy picture for the US, but it also wasn't bleak. Three of the 12 Federal Reserve Districts reported slight to modest...
Macro & Market Musings – 10/10/25
Comments based on information available as of 6:35am CT on 10/10/2025 Growth: Better Than Nothing With a government shutdown delaying key official data releases, the Federal Reserve's upcoming Beige Book may be give clarity on what's happening on the ground in...
Macro & Market Musings – 10/3/25
Comments based on information available as of 6:55am CT on 10/03/2025 Growth: Shutdown Slowdown "What, me worry?" But there may be more than meets the eye to this government shutdown. The pain individuals feel who are furloughed should not be minimized. However, for...
Macro & Market Musings – 9/26/25
Comments based on information available as of 6:55am CT on 9/26/2025 Growth: Silver Linings Emerge Amid signs of cooling in some areas (job growth and existing home sales), pockets of resilience are shining through. U.S. new home sales soared in August to an...
Macro & Market Musings – 9/19/25
Comments based on information available as of 5:45am CT on 9/19/2025 Growth: A Bowling Ball More Than A Crystal Ball Published government data tells us, imperfectly, what happened in the past. It doesn't tell us what is happening or what will happen. Just because the...
Macro & Market Musings – 9/12/25
Comments based on information available as of 5:45am CT on 9/12/2025 Growth: Not As Strong As We Thought We Were The Bureau of Labor Statistics' preliminary benchmark revisions showed the labor market wasn't as strong as originally thought back in March. It all likely...
Macro & Market Musings – 9/5/25
Comments based on information available as of 8:00am CT on 9/5/2025 Growth: Dribbling Along? There's a saying in statistics that two data points don't make for a trend. One data point certainly doesn't count as a trend, either. The Federal Reserve's Beige Book in June...
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