Monthly Market Reviews

The U.S. economy expanded at a 2.0% rate in the third quarter, slower than the prior estimate of 2.1%. The downward revision was the outcome of a larger trade deficit stemming from a strong U.S. Dollar, weak global demand and falling commodity prices. Volatile business inventories reduced more...

Despite the mild winter, U.S. first quarter GDP came in at a 2.2% annualized growth rate, down from the 3.0% pace in the fourth quarter of last year and below the consensus of 2.5%. This has reignited debates about the sustainability of the recovery and the possibility of further Fed...

The U.S. fourth quarter real GDP grew by 3%, slightly above the initial estimate of 2.8%. Nonresidential fixed investment and personal consumption expenditure were higher than initially estimated.

The headline and core Consumer Price Index (CPI) rose 0.2% in January. Year over year, the...

Third quarter real Gross Domestic Product was revised downward again. According to the third estimate released by the Bureau of Economic Analysis, third quarter GDP is reported to have increased 1.8% annualized, less than the 2.0% second estimate released in November and the 2.5% preliminary...

Led by personal consumption, the U.S. economy picked up pace during the third quarter, growing at 2.5%, above the consensus estimate of 2.4%, according to the advance estimates released by the Bureau of Economic Analysis. With this rise, real GDP is now just above the previous high set in 2007....

September economic data was in line with our expectations (VCG – Outlook - Second Quarter 2010) and paints a picture of soft growth. The US economy grew at a pace of 1.7% for the second quarter of 2010. This third revised growth estimate, although better than the second revision, is a weak...

The key theme of the month was a flight to safety in light of concerns surrounding the Eurozone sovereign debt crisis and slowing global growth. Risky assets including global equities and commodities fared poorly in May while “safer assets” including domestic treasuries, fixed income and...

The 2010 fourth quarter Real GDP in the U.S. was revised upward to an annual rate of 3.1%, according to the third and final estimate released by BEA. The increase was primarily due to a greater than previously estimated rise in private inventories. The Real GDP growth rate for all of 2010 is 2.9...

The U.S. economy picked up steam towards the end of 2010 as U.S. consumers increased spending and U.S. companies increased their net exports. The real gross domestic product of the U.S. grew at an annual pace of 3.2% during the fourth quarter, according to the initial estimate. U.S. consumer...