GDP

Fed on Track to Hike Rates in December

September 21st, 2016|by Michael Ashley Schulman, Perspectives, The Here and Now|

Photograph by Michael Ashley

The U.S. Federal Reserve (The Fed) appears firmly on track for a December hike after leaving the federal funds rate unchanged today at ¼ to ½ percent.

Today’s Federal Reserve’s Open Market […]

Financial markets and economies bounced in and out of a deep pothole in the first quarter of 2016

May 16th, 2016|by Michael Ashley Schulman, Perspectives, The Big Picture|

Golden Gate 20pct

Financial markets and economies bounced in and out of a deep pothole in the first quarter of 2016 and the stomach churning reverberations continue to be felt in some investor stomachs.  The underlying strength of the US economy, led by consumer spending, is […]

This is the biggest “little” news of the moment

March 18th, 2016|by Michael Ashley Schulman, Perspectives, The Here and Now|

Big LittleThis is the biggest “little” news of the moment:

3/17/2016, the Philly Fed index surged to a positive +12.4 in March from a negative -2.8 in February, returning to expansionary territory for the first time since August of last year […]