by First Trust | Jan 12, 2022 | How I See It
The ISM Manufacturing Index declined to 58.7 in December The manufacturing sector continued to expand in December, though at a slower pace, with 15 of 18 industries reporting growth. FIGURE 1: ISM MANUFACTURING—PMI COMPOSITE INDEX Note: Seasonally...
by First Trust | Nov 17, 2021 | How I See It
The Federal Reserve today [Nov. 3] announced the (much-overdue) start of tapering, which means it will continue to increase the size of its balance sheet, but not quite as fast. Starting later in November, the Fed will reduce its monthly pace of asset...
by First Trust | Jul 28, 2021 | Topping the Charts
Overview of June 2021 existing home sales Existing home sales increased 1.4% in June to a 5.860 million annual rate, just below the consensus expected 5.900 million. Sales are up 22.9% versus a year ago. Sales in June rose in the Midwest, Northeast, and...
by First Trust | Apr 28, 2021 | How I See It
Editor’s note: Brian Wesbury is chief economist at First Trust Advisors LP. He and his team prepare a weekly market commentary titled “Monday Morning Outlook.” This article was first published on April 19, 2021. The S&P 500 fell almost 35% between...
by First Trust | Jul 15, 2020 | How I See It
Editor’s note: Brian Wesbury is chief economist at First Trust Advisors LP. He and his team prepare a weekly market commentary titled “Monday Morning Outlook.” This article was first published on July 6, 2020. Not since the 1960s and ‘70s has the United...
