Economics & Portfolio Report 2

Economics & Portfolio Report 2 - Economics Portfolio...

Info icon This preview shows pages 1–6. Sign up to view the full content.

View Full Document Right Arrow Icon
Dylan Jungels Tianyuan Ren Economics & Portfolio Report
Image of page 1

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
U.S. Economy “Big Picture” – Good & Bad U.S. Consumer Recession: change in tone towards optimism? U.S. Dollar Canada Economics: Key Themes
Image of page 2
Global – U.S. is insulated from other economies U.S. dollar is becoming expensive Inflation trending (modestly) upward – in the 2.2% range This is a small hit to the U.S. consumer Small housing hiccup – seasonal? +242,000 net jobs in Feb plus +30,000 revisions to prior two months Slightly less hours and flat wages Employment-to-population ratio up to 59.8% Economics: U.S. Aggregate
Image of page 3

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Oil – bad for the sector, $100bn/yr for U.S. households Retailers boosted payroll by 62,000 and 55,000 in January/February (best since 1994!) ISM – 49.5, back-to-back increases, 50% of 18 industries see growth March initial jobless claims at 259,000 – 3 rd lowest in 40 years Aggregate household net worth reached an all-time high of $86.8T in Q4/15 Contrast with increase of debt of $405B, or 1/8 the pace of asset growth and still below pre-recession peak levels Economics: U.S. Consumer
Image of page 4
The appreciation of the U.S. dollar has had a tightening effect
Image of page 5

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Image of page 6
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern