US retail sales are expected to rise 0.2% in tomorrow’s January report vs. the previous month, according to The Capital Spectator’s median point forecast for several econometric estimates. The median prediction reflects a rebound vs. the previous month’s 0.9% decline.
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Daily Archives: February 11, 2015
Macro-Markets Risk Index Continues To Predict US Growth
The US economy remains on a growth track, according to a markets-based estimate of the macro trend. The Macro-Markets Risk Index (MMRI) closed at +7.9% yesterday (Feb. 10). The benchmark’s readings in the roughly 5%-to-9% range so far in 2015 implies that business cycle risk remains low. A decline below 0% in MMRI would indicate that recession risk is elevated; readings above 0% imply that the economy will expand in the near-term future.
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Initial Guidance | 11 February 2015
● US job openings hit highest level since 2001 | MarketWatch
● US Small Business Optimism Slips From 8-Year High In Jan | 24/7wallst
● US Q4 Growth Estimates Falling After A Strong 6-Mo Stretch | WSJ
● Plosser says Fed does not fully understand low U.S. yields | Reuters
● Greek PM easily wins confidence vote, EU showdown looms | Reuters