Consumers Using Credit To Spend – Consumer Credit
Spending at stores essentially stalled in late March and April, as restrictions imposed to confront the spread of COVID-19 took its toll on the retail...
Category: Economy
Coronavirus Relief Bill Overview
The Coronavirus Relief Bill extends and modifies several provisions first enacted by the CAREs Act in March 2020. The package extends relief through mid-March of...
January 2021 Macro Economic Overview
COVID-19 reshaped markets, trade, retail, and consumer behavior globally in 2020 with lingering effects heading into 2021. Markets shrugged off pandemic concerns throughout the year,...
Grocery Store Sales Take Off In 2020 – Consumer Behavior
As restrictions surrounding restaurants and dining out set in due to the pandemic, consumers instead headed to grocery stores. Sales at grocery stores surpassed levels...
Markets Remained Resilient In 2020 – Equity Overview
Equity markets rebounded in a historical fashion from the lows in March 2020 to the end of the year, driven by vaccine optimism, low rates,...
Rates Held Steady Throughout 2020 – Fixed Income Update
Rates remained near historic lows throughout 2020 as ambitious efforts by the Federal Reserve and the Treasury ensured critical liquidity in the fixed income markets....
True Unemployment – Labor Market Overview
A closely followed economic statistic by economists and market analysts is the unemployment rate. In fact, the Department of Labor has numerous levels of unemployment...
Nearly Half of U.S. Labor Force Is Working From Home – Employment Trends
As workers vacated entire office buildings and left conference rooms unoccupied, the pandemic work culture began to evolve. Hundreds of thousands of workers migrated home...
Macro Economic Overview – December 2020
Equity markets responded positively to news that the availability of vaccinations was imminently close. Major equity indices reached new highs in November as elements of...
Rates Rise Slightly In November – Fixed Income Update
Rates rose slightly in November, with the benchmark 10-year treasury bond yield approaching levels not seen in nearly six months. As the yield on the...