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Reading the Economic Tea Leaves

Tasseography practitioners read tea leaves to forecast the future. Some economic data serve a similar purpose. Policymakers, central bankers, economists, and investors look at leading economic indicators to forecast where the economy may be headed. Classic leading indicators include:Consumer confidence. Consumer spending is the largest contributor to economic growth in ....

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Higher Rates Are Doing Their Job

Higher Rates Are Doing Their Job
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What will the Federal Reserve do?

What will the Federal Reserve do?
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The Economy Appears to Be Slowing Down

Last week, many investors were focused on economic data. The Personal Consumption report offers information about Americans’ income and spending over the previous month. It includes one of the Federal Reserve’s preferred inflation gauges, the personal consumption expenditures (PCE) price index. The March report showed: Disposable income, which is the amount ....

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Strongest State Economies in 2023

Strongest State Economies in 2023
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