So, longer-term U.S. government bonds are now yielding lower than short-term bonds. Is this really a big economic warning?
Different measures tell another story:
- Real disposable personal income per capita
- Personal income payments
- Total employee compensation
- Personal consumption expenditures per capita
The U.S. unemployment rate hit 3.6% in April 2019, its lowest level since December 1969.
Real gross domestic product (GDP) for the U.S. increased at an annual rate of 3.2% in the first quarter (Q1) of 2019, according to the advance estimate released by the Bureau of Economic Analysis (BEA).
The U.S. fiscal deficit hit an annualized $1.06 trillion in 2018 but relatively speaking it isn’t that bad. The fiscal deficit had hit $1.5 trillion in 2009 in the aftermath of the financial crisis and the current level is the most since 2012.
U.S. corporations made a record $2.03 trillion in profits after taxes in 2018,
With interest rate rises on hold and signs of a slowing global economy, there have been a lot of noises that house prices globally are falling. We look at how U.S. house prices are looking compared to a year ago.
We wrote about three slightly different U.S. recession indicators that have been predictive of the past few recessions and have been tracking how near or far are those from being invoked, here’s where we are in March 2019,
At the start of 2019 we wrote that 2019 will be a year that will be different with interest rate hikes slowing or interest rates even reversing.
Earlier this month the European Central Bank said interest rates would remain at record lows at least until the end of the year and then last week this was followed by the Federal Reserve saying that it does not expect an interest rate rise for the U.S. for the rest of 2019.
The Federal Open Market Committee (FOMC) announced during the week that it had decided to maintain the target range for the federal funds between 2.25% to 2.5%.