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Fed's Beige Book: "Economic activity increased slightly"

Calculated Risk

Fed's Beige Book Economic activity increased slightly from late May through early July. Energy sector activity declined slightly, and transportation activity was mixed. Hiring remained generally cautious, which many contacts attributed to ongoing economic and policy uncertainty. Activity in the agriculture sector remained weak.

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Fed's Beige Book: "Economic outlook worsened considerably"

Calculated Risk

Fed's Beige Book Economic activity was little changed since the previous report, but uncertainty around international trade policy was pervasive across reports. Transportation activity expanded modestly, on balance. The outlook in several Districts worsened considerably as economic uncertainty, particularly surrounding tariffs, rose.

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Fed's Beige Book: "Overall economic activity rose slightly"

Calculated Risk

Fed's Beige Book Overall economic activity rose slightly since mid-January. Overall expectations for economic activity over the coming months were slightly optimistic. Reports of substantial increases in insurance and freight transportation costs were also widespread.

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Fed's Beige Book: "Economic activity increased slightly to moderately"

Calculated Risk

Fed's Beige Book Economic activity increased slightly to moderately across the twelve Federal Reserve Districts in late November and December. The nonfinancial services sector grew slightly overall, with Districts highlighting growth in leisure and hospitality and transportation, notably air travel. Vehicle sales grew modestly.

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Market Commentary: S&P 500 Approaching All-Time High but US Economic Momentum Slowing

Carson Wealth

It is the second oldest index (the Dow Jones Transportation Average is older) and was first calculated on May 26, 1896 by Charles Dow, co-founder of both the Wall Street Journal and Dow Jones & Company. The tariff mess in April led some forecasters to predict an economic crash as early as this summer. Happy Birthday, Papa Dow!

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10 Weekend Reads

The Big Picture

Echo Beach ) Why Japan Succeeds Despite Stagnation : For more than three decades, Japan has endured near-complete economic stagnation. The major costs of living, like housing, energy, and transportation are not particularly expensive compared to other highly-developed countries. There are few left to trust.

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How Much Do You Really Know About Stock Market Indexes?

Yardley Wealth Management

In 1916, the number of stocks represented by the DJIA increased to 20 and remained at that level until moving up to its current 30-count in 1928 to reflect the (soon-to-end) economic boom of the Roaring 1920s. Some indexes have more targeted versions of themselves, like the Nasdaq 100 or the Dow Transportation Index.