Joe Calhoun



Dec 6, 2017
We've had a pretty good run of data recently and with the tax bill passing the Senate one would expect to see markets react positively, to reflect renewed optimism about economic growth. We have improving economic data on pretty much a global basis.It isn't a boom by any...


Oct 9, 2017
The economic reports of the last two weeks were generally of a more positive tone. The majority of reports were better than expected although it must be noted that many of those reports were of the sentiment variety, reflecting optimism about the future that may or may not...


Sep 25, 2017
The incoming economic data hasn't changed its tone all that much in the last several years. The US economy is growing but more slowly than it once did and we hope it does again. It is frustrating for economic bulls and bears, never fully satisfying either.


Jun 30, 2017
Keystone XL is facing a new challenge: The oil producers and refiners the pipeline was originally meant to serve aren’t interested in it anymore.


Jun 19, 2017
The economic surprises keep piling up on the negative side of the ledger as the Federal Reserve persists in tightening policy or at least pretending that they are.


May 19, 2017
The economic reports since the last economic update were generally less than expected and disappointing. The weak growth of the last few years had been supported by autos and housing while energy has been a wildcard. When oil prices fell, starting in mid-2014 and bottoming...


Apr 24, 2017
It wasn't a very good two weeks for economic data with the majority of reports disappointing.


Mar 28, 2017
The Federal Reserve, as expected, hiked rates at their last meeting. And interestingly, interest rates have done nothing but fall since that day. As I predicted, former Fed Chair Alan Greenspan's conundrum is making a comeback.The Fed can do whatever it wants with Fed funds...

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