Fireside Charts: GDP Expectations, Record-High Uncertainty, & the Role of Small Businesses
April 15, 2020While high-frequency measures such as the New York Fed's Weekly Economic Index have us bracing for significant losses to GDP, consensus on expectations is a hard thing to come by ...
Fireside Charts: Mixed Signals from Equities, A Look to the Past, and the Cooling Bond Market
April 13, 2020As we head into what is likely to be a particularly unique earnings season, signals out of the equity markets remain mixed. Transports are still down almost 30% from the print ...
Fireside Charts: A Bear Market Bounce, Stalled Dividends & Buybacks, and Unemployment
April 8, 2020Stocks soared Monday on hopes that COVID-19 had reached its peak in epicenters like New York and Italy, but such rallies aren't uncommon in bear markets, and the euphoria was short ...
Fireside Charts: The Changing Employment Landscape, Debt Downgrades, and Slashed Dividends
April 6, 2020The U.S. lost about 700,000 jobs in March—7x the expected figure and a grim way to cap off the first quarter. Still, given the staggering number of unemployment claims continuing to ...
Fireside Charts: Unprecedented Unemployment, Reshaped Industries, and a Look Ahead at EPS
April 3, 2020An unprecedented wave of unemployment is crossing the U.S. and small businesses are being hit particularly hard. Plummeting retail and restaurant activity have driven the industries to ...
Fireside Charts: Evaluating the Rebound, 1929 Comparisons, and a Look at Manufacturing
April 1, 2020And that's a wrap on Q1. As we close out a quarter for the history books, let's hope there are better days ahead in Q2. The recent equity rebound may have convinced some optimists out ...
Fireside Charts: Mounting Corporate Debt, Effects of New QE Measures, and a Currency Check In
March 30, 2020U.S. businesses are scrambling for liquidity in an increasingly arid market. Corporate loan balances have surged by the highest ...
Fireside Charts: Historic Unemployment, Corporate Borrowing Surges, Chinese Economic Output Normalizes
March 27, 2020Unemployment spiked at an unprecedented rate (and to historic levels) this week as layoffs and shutdowns pick up steam across the country. ...
Fireside Charts: Plummeting Employment, Stimulus Packages, and China's Budding Recovery
March 26, 2020There’s been a lot of talk about recession lately, and the sharp drop in global staffing will certainly factor into the equation. Given the speed with which this has all unfolded ...
Fireside Charts: Resistance Levels, the Calming Bond Markets, and Struggling Small Businesses
March 23, 2020As stocks come off their worst week since 2008, Washington's failure to produce a stimulus package and the spread of increasingly strict containment measures are putting increasing ...
