Daily Brief: GDP Hits 2.1% as the Durable Goods Head-Fake Hides a Business Investment Boom
Q1 GDP revised up to 2.1% while durable goods fell 4.5% — but core business investment surged 1.6%, smashing expectations. Claims also dropped to 215K.
Daily Brief: New Home Sales Crash 7.3% as the Two-Speed Economy Comes Into Focus
New home sales plunged to 580K in May (vs. 632K expected) while the S&P flash manufacturing PMI hit a four-year high. The two-speed economy, explained.
Daily Brief: Manufacturing Hits 4-Year High as Tech Selloff Erases $1 Trillion
Manufacturing PMI surges to 55.7, a four-year high, as tech stocks hemorrhage over a trillion in value. Data says expansion but markets smell a rate hike.
Daily Brief: Juneteenth Pause — Markets Absorb the Fed’s Hawkish Turn
The Fed's hawkish FOMC pivot, steady jobless claims, and an Iran ceasefire — all with U.S. markets closed for Juneteenth. Here's what matters for the...
Daily Brief: Jobless Claims Edge Down as Philly Fed Roars Back — But Warsh Still Sees Inflation Risk
Jobless claims fell to 226K while Philly Fed surged to 10.3 — but Warsh's first meeting signaled rate hikes ahead. Markets digest the hawkish pivot.
Daily Brief: Housing Starts Collapse as Warsh’s First Fed Decision Looms
Housing starts crater 15.4% to a six-year low while import prices surge at their fastest clip since 2022. Kevin Warsh chairs his first FOMC meeting...
Daily Brief: Hot Import Prices, Cold Housing Starts — Stagflation Whispers as Warsh’s First Fed Meeting Begins
Import prices surge 1.9% and housing starts crater to 1.18M as the Fed's first meeting under Chair Warsh begins. The stagflation signals are flashing.
Daily Brief: Social Security Additional Thoughts
Social Security April 2026 snapshot: 71.08M beneficiaries, $137.4B/month, $1.65T annual run rate. COLA, demographics, and investor implications.
Daily Brief: Empire State Manufacturing Plunges as Markets Brace for Warsh’s First Fed Decision
Empire State Manufacturing collapsed 14 points to 5.7 in June while industrial production barely budged. All eyes turn to Warsh's first FOMC meeting...
Daily Brief: America’s Labor Crisis by the Numbers — 349K Construction Workers, 427K Florida Jobs Unfilled
Construction needs 349K workers in 2026. Florida has 427K open jobs. Manufacturing faces 2M unfilled roles. A state-by-state breakdown of America's labor shortage.