Monthly Macro Chart Book

 

Macro Chart Book – December 2019

For the first time since the beginning of the year, the U.S. saw both meaningful decreases in Chinese imports and increases in Chinese exports. In what some are calling QE4, more than $400 billion has been added to the Fed’s balance sheet since September. Labor force remains strong with unemployment at 3.5%. These and other economic topics are examined in December’s edition of Julex’s Monthly Macro Chart Book.

 

 

Macro Chart Book – November 2019

Rate of inflation continues to decrease, though futures markets anticipate rates to stay between 1.5-1.75%. President Trump surprised markets by mentioning that, “…it is better to wait until after the election…” for a U.S.-China Trade Deal. Initial private payroll increases came in below estimates, but the U.S. was the top performer among developed economies on the month. These and other economic topics are examined in November’s edition of Julex’s Monthly Macro Chart Book.

 

 

 

Macro Chart Book – October 2019

The blended earnings decline for Q3 was -2.7%, marking a third straight quarter of declines. A “phase one” deal between the U.S. and China was announced that would add some $40 billion dollars in Chinese purchases of U.S. agricultural products. These and other economic topics are examined in September’s edition of Julex’s Monthly Macro Chart Book.

 

 

 

 

Macro Chart Book – September 2019

The unemployment rate hit a 50-year low, the Fed cut rates again, and manufacturing PMI was at its worst mark it 10 years. These and other economic topics are examined in September’s edition of Julex’s Monthly Macro Chart Book.

 

 

 

 

Macro Chart Book – August 2019

Escalations in the US-China Trade War contributed to a contraction in manufacturing activity for the first time in 3 years. Along with China, changing perception of a dovish/hawkish Fed seemed to drive the market. These and other economic topics are examined in August’s edition of Julex’s Monthly Macro Chart Book.

 

 

 

Macro Chart Book – July 2019

The Fed cut rates and signaled an end to Quantitative Tightening, President Trump announced a new round of tariffs on China, and the S&P 500 closed at over 3000 for the first time in history. These and other economic topics are examined in July’s edition of Julex’s Monthly Macro Chart Book.

 

 

 

Macro Chart Book – June 2019

Consumer confidence fell to the lowest level in two years, gold broke it’s resistence level of $1,400/oz, and the demand for bonds pushed yields on some government debt below zero. These and other economic topics are examined in June’s edition of Julex’s Monthly Macro Chart Book.