Smith's Research & Gradings

Smith's Chief Economist Expects Fed to Hike Rates

CONFERENCES

WEBINARS

Publications
& ARTICLES

Smith's Chief Economist Expects Fed to Hike Rates

We believe the Fed is likely to raise rates by 25 bps at its June meeting. Inflation remains well above the central bank's target (2%), real GDP growth is for Q2 is tracking close to 3.0%, unemployment remains low, and corporate earnings and services PMI remains comfortably above what are considered recessionary levels. The equity market has been wrong on the Fed pause through most 2023 and is likely to be wrong in June. — Scott B. MacDonald, Ph.D.

‍

Take notice

Stay on top of the latest global news that can impact your investment strategy.

∿

Treasury Launches State & Local Recovery Funds

The US Treasury launched the Coronavirus State and Local Fiscal Recovery Funds, established by the American Rescue Plan Act of 2021, to provide $350 billion in emergency funding for state, local, territorial, and Tribal governments.

∿

Persistent Drought Conditions in the West Require New Water Policies and Compacts

Over six days during the middle of June 2021, a dome of hot air languished over the western United States, causing temperatures to rise to unprecedented levels. From June 15-20, all-time maximum temperature records were set at locations in seven different states

∿

Jobs Number May Indicate Covid Economy is Over

Wow! The U.S. economy added 467,000 jobs last month, keeping the unemployment rate in the 4.0% area. Also impressive is that there were large upward revisions from previous months. We say 'wow' because there was such negative sentiment prior to the release of the jobs number.

Subscribe Today to unlock insights that could impact you tomorrow!

With your monthly or yearly Subscription you will unlock online articles and have the ability to download the full PDF files for the publication.

SMITH'S RESEARCH & GRADINGS

$79.95 / Per Month

$850 / Year (Save 30%)

* Discounted Rates for Issuers and Governmental Entities

Smith's Research & Gradings focuses on the people, sectors and news that matter the most to you. Smith's analysis is an indispensable part of Wall Street and the world's capital markets. Our approach was inspired by the need for a consistent analytical approach across all asset classes.

THE GLOBAL ECONOMIC DOCTOR

$79.50 / Per Month

$850 / Year (Save 30%)

* Discounted Rates for Issuers and Governmental Entities

Let a subscription to The Global Economic Doctor provide you with access to sovereign news, analysis and insights. Concise and powerful, the Global Economic Doctor spans the globe, giving you a read on how today’s market developments and key players are impacting your business around the planet.