national security – Trump Slump World

Trump Shutdown National Security Threat Widens, Potentially Leading to Economic Recession

January 17, 2019 RealTrumpSlump 0

By Glynn Wilson – MOBILE, Ala. — The impacts of the ongoing threat to national security from the federal government shutdown orchestrated by President Donald […]

US envoy in ISIS fight, Brett McGurk, resigns over US withdrawal from Syria

December 22, 2018 RealTrumpSlump 0

Special Presidential Envoy for the Global Coalition to Counter ISIL, Brett McGurk, testifies before the Senate Foreign Relations Committee on global efforts to defeat ISIS […]

Sunday Night Futures September 23, 2019
Weekend:• Schedule for Week of September 22, 2019Monday:• At 8:30 AM ET, Chicago Fed National Activity Index for August. This is a composite index of other data.From CNBC: Pre-Market Data and Bloomberg futures: S&P 500 are up 10 and DOW futures are up 91 (fair value).Oil prices were down over the last week with WTI […]
Hotels: Occupancy Rate Unchanged Year-over-year September 22, 2019
From HotelNewsNow.com: STR: US hotel results for week ending 14 September The U.S. hotel industry reported mostly positive year-over-year results in the three key performance metrics during the week of 8-14 September 2019, according to data from STR.In comparison with the week of 9-15 September 2018, the industry recorded the following:• Occupancy: flat at 69.6%• […]
Schedule for Week of September 22, 2019 September 21, 2019
The key reports this week are August New Home sales, and the third estimate of Q2 GDP.Other key indicators include Personal Income and Outlays for August and Case-Shiller house prices for July.For manufacturing, the Richmond and Kansas City Fed manufacturing surveys will be released this week.----- Monday, Sept 23rd -----8:30 AM ET: Chicago Fed National […]
Mortgage Equity Withdrawal Positive in Q2 September 20, 2019
Note: This is not Mortgage Equity Withdrawal (MEW) data from the Fed. The last MEW data from Fed economist Dr. Kennedy was for Q4 2008.The following data is calculated from the Fed's Flow of Funds data (released last week) and the BEA supplement data on single family structure investment. This is an aggregate number, and […]
Fed's Flow of Funds: Household Net Worth Increased in Q2 September 20, 2019
The Federal Reserve released the Q2 2019 Flow of Funds report today: Flow of Funds. The net worth of households and nonprofits rose to $113.5 trillion during the second quarter of 2019. The value of directly and indirectly held corporate equities increased $0.9 trillion and the value of real estate increased $0.3 trillion.Household debt increased […]
Q3 GDP Forecasts: Around 2.0% September 20, 2019
From Merrill Lynch: We expect 2Q GDP to be revised slightly higher to 2.1% qoq saar in the final release. 3Q GDP tracking remains at 2.0% qoq saar. [Sept 20 estimate]emphasis addedFrom Goldman Sachs: [W]e left our Q3 GDP tracking estimate unchanged on a rounded basis at +2.2% (qoq ar). [Sept 19 estimate]From the NY […]

ECRI in Toronto October 1, 2019
ECRI's Lakshman Achuthan will be meeting with clients in Toronto, Canada from October 1 - 2.
Upcoming TV Interview September 22, 2019
ECRI's Lakshman Achuthan will be a guest on Bloomberg's Daybreak on Sunday, September 22 at 6:10 PM ET.
Weekly Leading Index Rises September 20, 2019
Click here to download ECRI WLI data for free, including the full history of its level and growth rate. On mobile, click here to go to ECRI's Reports & Indexes page, then click "Full Site."__________________________________________ECRI’s U.S. Weekly Leading Index rose to 146.7 as the growth rate increased to -1.5%. ECRI has long determined business […]
Manufacturing, Jobs and Leading Index Update September 19, 2019
The manufacturing sector is key to assessing recession risk for the overall economy. This report includes:- Analysis of the manufacturing sector and PMI prospects - Review of recent developments in non-manufacturing leading indexes- Insights into the jobs outlook, with implications for consumer spending- Analysis of what real-time data can look like ahead of recessionClick here […]
An Upturn In India’s Growth Cycle Is In The Offing September 13, 2019
Economic growth in India has moderated over the last five quarters, falling to its lowest in six years in the April-June 2019 period. While many believe that growth may have reached a trough, the timing of a turnaround remains uncertain.The Economic Cycle Research Institute’s Lakshman Achuthan believes that a turnaround is in sight. The ECRI’s […]