Leaky Liquidity

Leaky Liquidity

OVERVIEW   U.S. stocks had a mixed but mild week last week. The S&P 500 dropped 0.28%, the Dow declined 0.13%, and the Nasdaq increased about 0.6%. Growth stocks saw positive gains, to the tune of about 0.3%, whereas value stocks dipped around 0.16%. Small...
Good IDEA

Good IDEA

  The U.S. Census Bureau unveiled a new data product called the Index of Economic Activity (IDEA) this month. The IDEA is a monthly composite of 15 economic data series produced by the Census Bureau. It measures economic activity in various sectors ranging from...
Surprisingly Good

Surprisingly Good

  We’ve received some good news about the state of the economy recently. For example, the nonfarm payrolls report for January revealed that the U.S. economy added 517,000 net new jobs last month. This was way higher than the expected 185,000 jobs. And on top of...