Insights
The unemployment rate for recent college graduates widened to 2.8% above that of the broader population with college degrees, according to recent data from the Federal Reserve Bank of New York. This figure marks a historical high since the 1990s (excluding the pandemic period), highlighting the ongo...
Insights
U.S. President-elect Donald Trump announced plans to impose higher tariffs on China, Canada, and Mexico. On Monday, Trump stated on the Truth social media platform that, starting from his first day in office, he will impose an additional 10% tariff on imports from China and a 25% tariff on goods ...
Insights
Last week, the U.S. stock market gained momentum, driven by strong performance in cyclical sectors, with the S&P 500 rising 1.68% to close at 5,969.33 points. In the bond market, concerns about a U.S. economic recession continued to ease. However, as the effects of the "Trump trade" gradually fa...
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The US initial claims have declined by nearly 40,000 from their July peak, but continued claims for unemployment benefits have reached a three-year high, according to data released by the Bureau of Labor Statistics on November 21. Does this indicate that the labor market is beginning to deteriorate?...
Insights
The U.S. housing market remains sluggish, according to data released by the Mortgage Bankers Association (MBA) on November 20. The MBA's Purchase Index stood at 136 last week, marking a 2.7-point increase from the previous period but still hovering near its lowest levels since the 1990s. Similarl...