Today's Economy Economic Roundup: Stock Market Can Ignore Newton's Third Law Stock market is frothy but the U.S. presidential election is unlikely to have a huge impact. Slowing by Core Business Sales May Prelude a Recession The markets see a 49% chance the Fed makes a cut during the June FOMC meeting. Webinar Replay: Coronavirus—the Global Economic Threat The impact is expected to be substantially more significant than that of SARS in the early 2000s. Europe Daily Briefing: Italy's Economy Looks Vulnerable Industrial production sank deeper into the doldrums and the economy could enter technical recession. » VIEW MORE TODAY'S ECONOMY
Commentary U.S. Weekly Highlights and Preview, February 10, 2020 Odds are that Congress will grill the Fed chairman about the economic impact of the coronavirus. U.S. Chartbook: Job Growth Pops as People Charge Into the Labor Force Big gains owe partly to the mild winter, but show labor supply constraints aren't binding. U.S. Retail Pricing Power Remains Weak Improvement has varied across segments. Latin America and the Coronavirus: Channels of Contagion The economic consequences of a larger outbreak are indirect but severe. » VIEW MORE COMMENTARY
Today's Economic Indicators
Canada RPS House Price Index Jan. 2020: Italy Industrial Production Dec. 2019: -2.7% Italy's industrial production figures for December were dismal, as output fell by 2.7% m/m. Canada Housing Starts Jan. 2020: 213 ths Residential construction in Canada took a step forward in January. Canada Building Permits Dec. 2019: 7.4% A swell of multifamily permitting activity in Montreal and Vancouver lifted the nation to a monthly gain in December. World Moody's Analytics Survey of Business Confidence February 07: 18.2 The coronavirus appears to be yet another geopolitical concern added to the long list of issues bothering global businesses. » VIEW MORE ECONOMIC INDICATORS |