Consumer Confidence Index

The COnsumer COnfidence Index fell in December after a slight improvement in November. Today’s report from the Conference Board stated that Consumer confidence now stands at 122.1 (1985=100); November’s print was 128.6. “Reflation’s Rollover” early indicator. Ms. Lynn Franco, Director of Economic Indicators at The Conference Board, had this to comment. “Consumer confidence retreated in December after reaching a 17-year high … [Read more…]

Federal Reserve Bank of Richmond: Manufacturing Activity in the Fifth District

  Richmond Fed Manufacturing Index Level: 20 Previous: 30 Consensus: 23 Range: From 20 To 31 The Manufacturing Activity Index in the US fifth district including the District of Columbia, Maryland, North Carolina, South Carolina, Virginia, and most of West Virginia jumped to 30 in November of 2017 from 12 in October, beating market expectations … [Read more…]

H.R. 3312, SYSTEMIC RISK DESIGNATION IMPROVEMENT ACT OF 2017: ‘Impetus a spiritibus animalibus’.

Has the passing of H.R. 3312: Systemic Risk Designation Improvement Act 2017 come and gone under the radar or was I sleeping? There has been a lot of “chaff” to wade through since the passing of the Tax Reform Bill.   However, the passing of the reform of the Dodd-Frank Act through the House financial services committee … [Read more…]