Tag: US outlook

Bank of the West US Outlook Report for October 14, 2016

US Outlook Report: Global Malaise The global economy continues to be one of the biggest risks for the U.S. economy over the near-term. As the International Monetary Fund (IMF) annual meetings conclude in Washington DC, we received another sobering dose of forecasts from the IMF after years of global growth disappointment.   The IMF, decrying […]

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Bank of the West US Outlook Report for September 16, 2016

US Outlook Report: Mystery of the Steepening Yield Curve I guess I have been watching too many Sherlock Homes episodes on Netflix, but the sharp steepening of the U.S. Treasury yield curve since the beginning of September deserves some sleuthing. The 10-2 Year Treasury spread has increased by some 20 basis points over the last […]

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Bank of the West US Outlook Report for September 9, 2016

US Outlook Report: September FOMC Rate Hike – A Go or No Go Several prominent Fed governors have tried in recent weeks to prepare markets for a near-term 0.25 percentage point rate hike, citing a robust labor market and the approach of full-employment as reasons to start lifting rates again.  Job openings hit a new […]

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Bank of the West US Outlook Report for June 3, 2016

Bank of the West US Outlook Report for June 3, 2016 The mixed picture of U.S. economic growth continued this week and the May jobs number was more than disappointing. April construction spending plunged on weaker public and non-residential construction activity, while regional manufacturing purchasing managers’ indexes and the national ISM manufacturing index remained moribund […]

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