US Publications
Below is a list of our US Publications for the last 6 months. If you are looking for reports older than 6 months please email info@pantheonmacro.com, or contact your account rep
Please use the filters on the right to search for a specific date or topic.
Chartbook Datanotes Daily Monitor
A new cycle low, but a modest rebound is coming soon.
US
- The upturn in jobless claims bears close attention, though it’s much too soon to panic.
- Ignore the wild durable goods headline; core capex orders are rising, but other data are less benign.
- Consumers’ sentiment likely will respond to cheaper gasoline; will inflation expectations do the same?
Ian Shepherdson (Chief Economist, Chairman and Founder)US
THE FED IS DONE, AND WILL START EASING IN SPRING...
- ...BUT THE FOMC WON’T ABANDON OPTIONALITY JUST YET
Ian Shepherdson (Chief Economist, Chairman and Founder)US
- The Homebase small business employment data point to a hefty rebound in November payrolls...
- ...But the margin of error in all payroll forecasts is huge; the seasonals are an intractable problem.
- No bottom yet for existing home sales, but supply is edging up, and valuations are falling as incomes rise.
Ian Shepherdson (Chief Economist, Chairman and Founder)US
The recovery in construction activity is stalling, for now.
US
Likely to improve from here, but only very slowly.
US
Most of the October weakness reflects the UAW strike; expect a November rebound.
Andrés Abadía (Chief LatAm Economist)US
Layoffs hit 12-week high, but remain below cycle peaks, for now
Ian Shepherdson (Chief Economist, Chairman and Founder)US
- The rebound in jobless claims in recent weeks is not yet definitive evidence of a shift in the trend.
- The multi-family housing construction boom is over, though single-family starts are still rising.
- The steep drops in manufacturing output and homebuilder sentiment reported yesterday won’t last.
Ian Shepherdson (Chief Economist, Chairman and Founder)US
- The House Continuing Resolution kicks the can down the road to January and February; it solves nothing.
- October's retail sales numbers are consistent with a clear slowing in Q4 consumption growth.
- PPI disinflation continues; the October numbers, alongside the CPI, signal a 0.25% core PCE print.
Ian Shepherdson (Chief Economist, Chairman and Founder)US
