U.S. Document Vault
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... More by Ian Shepherdson
In one line: The warning from jobless claims is very clear; the manufacturing rebound is being offset by weakness in services, thanks to Covid.... More by Ian Shepherdson
U.S. Cases Could Dip Next Week, but Beware a (Temporary) Rebound... More by Ian Shepherdson
The impending appointment of ex-Fed Chair Yellen as Treasury Secretary is to be welcomed--a safer pair of hands is hard to imagine--but it does not change our view that the next Covid relief bill will be modest if Republicans still control the Senate after the January 5 runoffs in Georgia. As Treasury Secretary, Dr. Yellen will have a powerful bully pulpit, alongside Fed Chair Powell to make the case for more fiscal action.... More by Ian Shepherdson
In one line: Likely not the bottom, but the late winter and spring will see a sustained rebound.... More by Ian Shepherdson
The surge in U.S. median home prices has morphed from merely startling to truly remarkable.... More by Ian Shepherdson
U.S. Case Growth is Slowing Sharply; Thanksgiving is a Short-Term Threat... More by Ian Shepherdson
The unilateral decision of Treasury Secretary Mnuchin to allow a slew of Fed emergency lending programs to close to new borrowers on December 31, despite Fed objections, increases the chance that the FOMC will step-up its asset purchases.... More by Ian Shepherdson
Today Likely will See 200K U.S. Cases, but Growth is Slowing... More by Ian Shepherdson
The rate of increase of confirmed new U.S. Covid cases per day is slowing, quite quickly.... More by Ian Shepherdson
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