Mark Vitner

[Mark Vitner @mvitner]

New A View from the Piedmont: “Gridlock vs. Goldilocks.”
Markets are caught between political stalemate, Fed policy shifts & global risks as Q4 approaches.
Read, comment & share 👉 https://t.co/bXTBaTzlRR

[Mark Vitner @mvitner]

🧵 June jobs report: 147K gain, 4.1% UR.
Beneath the headline:
• Hiring narrow + public-sector led
• Tech/white-collar flat
• Wage growth slowing
• Labor slack rising
Less hawkish hold for July—September cut more likely.
Full breakdown →https://t.co/h5vaGcf3yD
#JobsReport

[Mark Vitner @mvitner]

📉 Beneath resilient markets, final demand and the labor market are cooling
🚀 Aircraft order surged, consumers remain guarded
🌍 Iran, Israel, NATO and China
🇺🇸 US leverage grows
Read this week’s View from the Piedmont https://t.co/6uzxjViPma
#economy #geopolitics #fed #markets

[Mark Vitner @mvitner]

Disinflation holds, labor cools, geopolitics heats up.
This week’s View from the Piedmont covers CPI, claims, small biz sentiment, Israel–Iran, and what’s ahead at the FOMC & G-7.
Markets calm—for now.
📊 Read more:https://t.co/VJHWwRubnb
#Fed #inflation #geopolitics #econupdate

[Mark Vitner @mvitner]

🚨 The Fed held rates at 4.25%–4.50% but flagged rising risks.
• Inflation still sticky (core PCE at 2.6%)
• Labor market solid but softening
• Powell: “Policy in a good place—for now”
📉 Recession odds near 45%
📆 We expect cuts in July and September.
https://t.co/VB1qvgIWEK

[Mark Vitner @mvitner]

Housing starts sank 11.4% in March — as builders hit affordability walls, labor shortages, and tariff-driven cost spikes.
But one segment is still growing: 🛠️ remodeling, fueled by aging homes & strong equity.

https://t.co/PKv69Vfmm1

[Mark Vitner @mvitner]

Housing starts sank 11.4% in March — as builders hit affordability walls, labor shortages, and tariff-driven cost spikes.

But one segment is still growing: 🛠️ remodeling, fueled by aging homes & strong equity.
https://t.co/PKv69Vfmm1

[Mark Vitner @mvitner]

🚨 March retail sales up 1.4%, marking the strongest gain since Jan 2023. Auto sales surged 5.3% as consumers accelerated purchases ahead of tariffs.
🔗 Full report: https://t.co/BhPmu6kD9z
#RetailSales #Economy #ConsumerTrends #Tariffs #MarketUpdate

[Mark Vitner @mvitner]

Tariffs could push inflation to 3.6% by year-end, overshadowing March's apparent relief. https://t.co/6p5XQsfwej
#Inflation #Tariffs #Economy

[Mark Vitner @mvitner]

President Trump's "Liberation Day" tariffs aim to reduce the trade deficit & reshore manufacturing, but early signs show rising inflation & falling consumer confidence. https://t.co/S78LWYD57S. #Tariffs #Economy #TradeDeficit #Recession

[Mark Vitner @mvitner]

This is a remarkable interview and really makes you question some of the nonsense that has been perpetrated about DOGE elsewhere. It is well worth a half hour of your time and you should send it to others as well.

[Mark Vitner @mvitner]

Fed holds rate steady, but boost estimates of inflation and cuts expectations for growth. The Dot Plot still calls for two 25 bp cuts this year but looks a little more hawkish. We see labor market weakness forcing a more dovish stance. #FOMC #Fed #Economy
https://t.co/5sVSu5HEOd

[Mark Vitner @mvitner]

@alexstein99 My Amazon drivers have been relatively good.

[Mark Vitner @mvitner]

Feb jobs: 151K added, unemployment up to 4.0%. Health care & finance gain, but household employment drops 588K. Wage growth steady at 4.0%. Signs of a slowdown as stimulus fades—Fed cuts ahead? Get the full story in our report. #Economy #JobsReport
https://t.co/V4SUN752OA

[Mark Vitner @mvitner]

‘Trump time’—Warp Speed meets Ludicrous Speed—is here. Tariffs, trade deals, and border moves heighten uncertainty and jolt markets. Inflation may run a bitter hotter, while growth may be a touch slower, with just 2% 2025 H1. See our CAVU Compass: https://t.co/ZJn0sITApC

[Elon Musk @elonmusk]

Wise words from a true genius

[Mark Vitner @mvitner]

�� College Football is Back! 🏈

We're excited to announce the return of our weekly commentaries, where we dive deep into the history and economics behind some of the season's most exciting college football matchups.

https://t.co/kQqNRkJABG

[Mark Vitner @mvitner]

Phil Donahue, the legendary talk-show host, passed away today at 88. I’ll never forget his 1979 interview with Milton Friedman, where Friedman forcefully defended capitalism—a message even more relevant today. #PhilDonahue #MiltonFriedman #Capitalism

https://t.co/D9CdQZk3A6

[Mark Vitner @mvitner]

��� Georgia Economic Update: Mid-2024
The first half of 2024 has brought a notable cooling in Georgia’s economy, reflecting the lagging effects of the Federal Reserve's interest rate hikes that began in March 2022. https://t.co/DbjN6TuUES

[Mark Vitner @mvitner]

Rising Mortgage Rates, Higher Prices & Lean Inventories Weigh on Existing Home Sales in July - Piedmont Crescent Capital https://t.co/MlvRZj4N31