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chief-economist

U.S. consumer, housing data underscore economy’s resilience

January 26, 2016 by · Leave a Comment 

There are, however, signs the malaise from manufacturing and export-oriented industries is starting to filter into the services sector, with data on Tuesday showing activity in that vast sector hit a one-year low in January. The Conference Board said its consumer confidence index rose to 98.1 this month from 96.3 in December as …

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U.S. consumer, housing data underscore economy’s resilience

chief-economist

Wall St. opens flat, set to end the month higher

November 30, 2015 by · Leave a Comment 

The three major indexes were set to end the month higher for the second straight month. While the U.S. central bank is likely to raise interest rates for the first time since June 2006, the European Central Bank is expected to unveil fresh monetary easing measures on Thursday. “We're coming off a quiet holiday week and we have a lot of hurdles to cross this week with all the data that we're expecting,” said Scott Brown,

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Wall St. opens flat, set to end the month higher

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