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Data Not Conducive To Wall Street's "Soft-Landing" Scenario

Despite the August pullback in equity prices, markets continue to be convinced that the economy will have a "soft-landing." ....

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Fast Fading Economy, More Data, FOMC, Markets, Student Debt, Trading OXY

Have you taken a good look lately at Warren Buffett's recent target, Occidental Petroleum?.GS ....

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Citizens Business Conditions Index reaches highest US level, Vermont lags

Citizens Business Conditions Index reaches highest US level, Vermont lags
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Citizens finds recovery continues in Q1 - Grand Rapids Business Journal

(Watch for this story Monday morning on WZZM TV 13) The Citizens Business Conditions Index for the first quarter of the year was in “upbeat territory,” the financial institution said. ....

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Citizens: Recovery Continues Amid Increased Vaccinations, Fiscal Package - News

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Citizens: Recovery Continues Amid Increased Vaccinations, Fiscal Package
May 03, 2021, 07:46 AM
Continued economic recovery from the shock of COVID-19 kept the past quarterâs national Citizens Business Conditions Indexâ¢ (CBCI) in upbeat territory, with another healthy reading of 53.3. This compares with the fourth quarter reading of 56.0. A reading above 50 is considered expansionary.
Better-than-expected vaccination rates buoyed the outlook for many Americans, while a newly signed fiscal relief package provided additional stimulus checks, as well as support for the unemployed and for state governments. These developments helped to boost business activity and put the recovery on more stable footing, based on CBCI indicators. This momentum extended across both manufacturing and services sectors, though mixed signs in employment and new-business ....

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