The Morning View: September 21, 2021
Announced this morning, Housing Starts were 1,615,000 in August, an increase of 3.9% for the month, which was a higher increase than expected. In addition, Building Permits were 1,728,000 in August, an increase of 6.0% for the month, also higher than expected....
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The Morning View: July 13, 2021
In this morning’s data, the Consumer Price Index increased 0.9% in June, higher than expected, and is 5.4% higher on annual basis. Prices of Used Cars and Trucks were again strong, up 10.5% for the month, while Medical Care Commodities and Electricity were slightly...
Investment Management-Harvie Roe
The Morning View: July 8, 2021
In this morning’s data, Initial Jobless Claims were 373,000 for the week ending July 3rd, a small increase of 2,000 over the previous week’s revised level. On the other hand, Continuing Claims were 3,339,000 for the week ending June 26th, which is a decrease from the...
The Morning View: July 2, 2021
Announced this morning, the economy added 850,000 jobs in June, more than expected. The Leisure and Hospitality industry was strong, adding 343,000 jobs, while Construction and Motor Vehicles & Parts industries were weak. The Unemployment Rate increased three...
The Morning View: June 25, 2021
Announced this morning, Personal Income decreased -2.0% in May, a bit less negative than expected. Personal Spending was flat in May, which was less than expected. The PCE Deflator, increased 0.4% in May and has increased 3.9% on an annual basis. The Core PCE...
Argent Employee Spotlight – Kenny Brown
Meet Kenny, who is with AmeriTrust in Tulsa and has been with us for 8 years. Q. What led you to Argent and what makes it unique? A. I began my career with Heritage Trust Company before it combined with Argent in 2013. What led me to Heritage is the same...
The Morning View: June 15, 2021
Announced this morning, Retail Sales for May decreased -1.3%, a bigger drop than expected. Clothing & Accessories stores were strong during the month, while Building Materials and Motor Vehicles & Parts stores were among those that were weak. The Control...
The Morning View: June 10, 2021
Announced this morning, the Consumer Price Index increased 0.6% in June, slightly higher than expected, and is 5.0% higher on annual basis, the highest annual figure since 2008. Prices of Used Cars and Trucks were again strong for the month, while Energy prices were...
The Morning View: June 4, 2021
Announced this morning, the economy added 559,000 jobs in May, less than expected. The Leisure and Hospitality industry was strong, adding 292,000 jobs, while the Construction sector was weak, as -20,000 jobs were lost. The Unemployment Rate fell three tenths to...