The ISM non-manufacturing survey gets much less attention than its older manufacturing brother even though the non-manufacturing sectors account for a much larger share of GDP. And if these sectors...

The close relationship between President Obama’s chances of re-election and the level of the S&P 500 appears to suggest that the stock markets favour a Democrat as President. But it is important not...

Fed Chairman Ben Bernanke used his speech at Jackson Hole today to state that unconventional monetary policy does work and that the US needs more of it. It now appears even more likely that at the...

Although the tax hikes and spending cuts that constitute the fiscal cliff aren’t due to take place until the start of next year, businesses are increasingly stating that the resulting fiscal...