US economic activity is expected to post a modestly firmer increase in the second-quarter, based on the median estimate for a set of nowcasts compiled by CapitalSpectator.com. More than half of the quarter’s data sets have yet to be published, but the early clues continue to skew positive.
Daily Archives: May 22, 2024
Macro Briefing: 22 May 2024
* Fed’s Waller wants ‘several months’ of good inflation data before rate cuts
* Biden to release 1 million barrels of gasoline from reserves to reduce prices
* US single-family rent overall edged up again in March vs. year-ago level
* AI will be a bullish factor for stocks for the next decade: former Cisco CEO
* Rally in junk bonds reflects bets for soft US economic landing:
