Tag Archives: Unemployment

A Strong Employment Report…But Not Strong Enough to Change Fed Policy

Last month, I said the “weak” job report would not deter the Fed. Despite a strong monthly employment record for September, the Fed did not accelerate its pace of tightening. The data can be volatile, and seasonal factors (e.g. local schools … Continue reading

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Are Low Job Claims an Omen for Faster Job Growth?

Last week in the capital markets was a “risk-off” week. We saw more signs that manufacturing is driving moderate economic growth. There was also some good news for the “residential investment” component of gross domestic product (GDP). It’s shaping up … Continue reading

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As the Economy Improves, the Fed Recalibrates its Message

As the economy and labor market improve, quantitative easing (QE) is wound down and the first rate hike draws nearer, the language of the Fed evolves accordingly.  Both the minutes of the June FOMC meeting and the remarks of Fed … Continue reading

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UK Forecast Update: Growth, Inflation and Monetary Policy

Pioneer’s Head of Global Asset Allocation Research, Monica Defend, along with Europe and EMEA Global Asset Allocation Research Senior Economist, Andrea Brasili, recently released an update on the UK economy. The update was based on the 2Q14 preliminary results for … Continue reading

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What Happened within the Espirito Santo Group?

Observations on the Capital Markets – Week Ended July 11, 2014 It was a tough week for Europe over all last week – industrial production declined in Germany, Italy, France, and the UK, with the details broadly downbeat. Trade (import … Continue reading

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