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Schmohl Talk: 9/28/15 Economic Update

Economic Update September 28, 2015 Economic themes: GDP, Personal Income/Outlays, Housing, China. GDP: Second quarter Gross Domestic Product increased by 3.9%, beating forecasts of 3.7% growth, led by strong personal and business spending. The GDP price index...

Schmohl Talk: 9/21/15 Economic Update

Economic Update September 21, 2015 Economic themes: Fed, Greece, Housing. Fed: The Federal Reserve decided to leave the Federal Funds Rate unchanged after their September meeting, citing uncertainty with China, and global events that could “restrain” economic...

Schmohl Talk: 9/8/2015 Economic Update

Economic Update September 8, 2015 Economic themes: Employment, China, Europe, International Trade. Employment: Nonfarm payrolls increased by 173k in August, the unemployment rate fell to 5.1%, wages increased by 0.3%, and are up 2.2% over the past year. The labor...

Schmohl Talk: 8/31/2015 Economic Update

Economic Update August 31, 2015 Global Equities: After rebounding in the second half of last week, stock markets around the world are continuing to sell off on 8/31/2015, which has erased some $5 trillion in wealth since the Chinese devalued the yuan.  August is...

Schmohl Talk: 08/24/2015 Economic Update

Economic Update August 24, 2015 Economic themes: Global equities, Commodities, FOMC minutes, Greece, Housing. Global equities: Remember when the Dow fell 1,000 points on the morning of 8/24/2015? The Dow opened down 1,000 points, though has since pared its losses, as...

Schmohl Talk: 8/10/15 Economic Update

Economic Update August 10, 2015 Economic themes: China, Greece, Employment, International Trade, Oil. China: Chinese markets are beginning to understand how bad news can be good news, as many are speculating that the slowdown in China will cause the government to...

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