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Decision Economics, Inc. (DE) led by Chief Global Economist and Strategist, Dr. Allen Sinai, provides global macroeconomic research and support to help investment professionals position themselves in the financial markets. Our research, a blended, scientific methodology, provides both high-frequency analysis of tactical factors and strategic analysis of big wave, secular trends that unfold in each economic cycle. The firm is comprised of several of the most respected Economists on Wall Street who collaborate to interpret fundamental factors and policies that shape global and regional economic cycles and traditional and non-traditional asset classes.
July personal income and consumption both undershoot expectations, consumption by more, putting a further damper on likely third-quarter growth.
United States: Q3 Spending Track. Canada: Monthly and Quarterly GDP.
EUROZONE: Lower Headline But Higher Core Inflation
Initial claims meet expectations, falling by 1,000 (Consensus: +2,000; Decision Economics: -3,000) from a prior-week level revised up by 1,000.