The curvature of U.S. bond yields has attracted a lot of press of late. Atlas has written about it in some of our blogs, and the significance of a possible inversion has frequently been a subject of discussion at our Pie Parties. Whatever current shape the curve takes or your choice of maturity, the returns are still positive. That's to be expected, right?
More data regarding America’s economic output were collected and tallied up by the Bureau of Economic Analysis, providing a fuller look at our nation’s gross domestic product. Unfortunately, the fuller picture suggests additional slowing took place in the final quarter of last year than first thought. On a seasonally adjusted, annualized basis, output grew 2.2 percent, r
Orders for wares expected to last longer than three years improved for a third consecutive month in January according to the Census Bureau. Their measure of Durable Goods Orders rose $900 million or 0.4 percent. However, even after three months of increases, this indicator is not yet back to the September 2018 level because the 4.3 percent drop in October’s reading has yet to
Are you paying attention? This Saturday's Powerball jackpot is already north of $625 million and climbing. Let me spell that out: that's $625,000,000+ bucks, clams, scratch. And with just a little bit of luck, it can be yours for a skanky little $2 bet. Think about it: one Jefferson and you rake in racks. Yeow!
Prices paid by producers and wholesalers rose marginally in February 2019 according to the Bureau of Labor Statistics. Their Producer Price Index rose 0.1 percent after declining a similar amount in both December and January. Year-over-year, this price proxy is up 1.9 percent, declining modestly from 2.0 percent in January.