The addition of 224,000 new jobs in June confirmed that the U.S. economy continues to grow. Slowing manufacturing is a concern, with trade conflicts taking a toll. Might President Trump have to choose between continuing to wage tariff wars and being a one-term president? The next Federal Reserve interest rate decision meeting occurs at the end of this month. The markets expect a rate cut of at least 0.25%, but it may not be a given. Expect market tension to build, as we near that meeting.
These Notes include several useful planning and informative lifestyle articles too. Personal favorites include the note on coffee as “superfood” and the article on a “going like gangbusters” Portland/Miami startup led by a former RSWA employee. Read on and enjoy.
- Seven Economic Indicators: This excellent article summarizes some mixed economic indicators. Four indicators are positive “green lights” (i.e., truck sales, jobless claims, temporary hires, and bank lending). One is a cautionary “yellow flag” (i.e., business spending). One is a “yellow to red flag” (i.e., trucking), and one is a concerning “red flag” (i.e., manufacturing). Washington Post