Dave

Data Over Opinion

[Dave @DTRTrading]

Is industrial growth losing steam? @benshoesmith_ highlights production edged up only 0.1% in May as manufacturing stalled and nondurables declined. https://t.co/QbcLc6KxIp

[Dave @DTRTrading]

Is housing activity deteriorating? Starts dropped 15.4% MoM in May; multifamily plunged 41.6% MoM. @KPMG_US Economics points to weak demand and a pullback in building. https://t.co/MwuWBrPRjP

[Dave @DTRTrading]

Core retail sales rose 0.7% MoM, with inflation-adjusted sales up 0.4% MoM; furniture sales remain down 3.3% YoY. @KenKim_1 sees firm demand but persistent services inflation ahead. https://t.co/UjYlujPidc

[Dave @DTRTrading]

Household net worth edged up just $113B in Q1 '26. @KenKim_1 notes financial assets fell $1T, offset by a $1.2T gain in real estate, pushing net worth to a new record high of $183T. https://t.co/esWYlefdnw

[Dave @DTRTrading]

#CPI rose 0.5% in May, lifting inflation to 4.2% YoY. @DianeSwonk flags a sharp rise in the three month pace to 8.2%, signaling inflation momentum is moving in the wrong direction for the #Fed. https://t.co/nZPIoPmPfn

[Dave @DTRTrading]

Are markets misreading the outlook? @DianeSwonk highlights how headline optimism may be overlooking persistent inflation, supply disruptions and rising uncertainty. https://t.co/y9gI2EQzD9

[Dave @DTRTrading]

What is behind the modest rise in construction spending? A 0.6% March gain came as input costs rose 1.6%, tightening margins, per @KPMG_US Economics. https://t.co/PHT8CVudNh

[Dave @DTRTrading]

A convergence of risks is reshaping the outlook: higher inflation, weaker growth and rising uncertainty. @DianeSwonk highlights mounting global pressures. https://t.co/9Lry4nfXxc

[MACRO OPS @MacroOps]

https://t.co/7GT3ykSo40

[MACRO OPS @MacroOps]

https://t.co/tFV5Ceg1A2

[Peter Mallouk @PeterMallouk]

This is 100% completely unsustainable as a society.

Nearly 50% of all consumer spending now comes from the top 10% of earners.

The bottom 80%?

Their share keeps falling.

This is why the economy can look strong in the data while millions of people feel like they're falling behind.

[Dave @DTRTrading]

.@KPMG_US Economics sees Latam growth slowing to 2.1% in 2026. Easing inflation and rate cuts support activity, but risks are rising from elections and trade uncertainty. https://t.co/QjfvrxlfWV

[Dave @DTRTrading]

.@DianeSwonk: February payrolls fell 92K and the 3 month average slowed to 6K jobs, highlighting how exposed the labor market has become to shocks. #jobs https://t.co/Hwlo6wKCZG

[Dave @DTRTrading]

Revised data show 2025 job growth was much weaker than first reported. @DianeSwonk notes January payrolls rebounded on private‑sector hiring, even as federal employment continued to decline. https://t.co/CpI9DEY9uG

[Dave @DTRTrading]

Can supply chains withstand another year of trade volatility? @KPMG_US Economics points to higher tariffs, lower retaliation thresholds and AI demand as defining forces shaping the 2026 #trade outlook. https://t.co/69MySJxorQ

[Dave @DTRTrading]

.@DianeSwonk says growth is holding up, but jobs are not. Productivity and AI investment are boosting output, while employment lags — a gap that helps explain why the economy feels weaker than the data suggest. https://t.co/QmJcwpcmUu

[Dave @DTRTrading]

Housing starts fell 4.6% in October, lowest since May 2020. Multifamily construction dropped, but rising rents may spur future #building. Insights via @YelenaMaleyev, KPMG Senior Economist: https://t.co/QMHwyI27mx

[Dave @DTRTrading]

Leisure & hospitality added 47k #jobs in December, but retail, manufacturing, and construction lost ground. See the latest report from @DianeSwonk, KPMG Chief Economist: https://t.co/OXMzK311Ra

[Mike "Mish" Shedlock @MishGEA]

Only a Third of CEOs Plan to Hire Workers in 2026

@tyillc @jlounsbury59 @USRoute41 @mtmalinen @jimiuorio @JonFraserTF @GratkeWealth @grok @dgsommersmkts

66% will fire workers or play wait and see with AI.

https://t.co/AIEsZ1gpZM

[Dave @DTRTrading]

The US labor market saw a net loss of 41,000 jobs in Oct & Nov. While private healthcare sectors grew, public sector job losses hit hard. December could bring a change. #LaborMarket #KPMG https://t.co/I1CN4NE4JI