Green Shoots in Retail, Jobs and Philly

Fast Facts About Today’s Economic Data U.S. Retail Sales rebounded +1.6% in March and accelerated on Y/Y Basis. Initial Jobless Claims fall for 5th week in a row. Philly Fed Index shows sharp rebound in New Orders. What Brexit? U.K. Retail Sales up +6.6% Y/Y. No...

Green Shoots in China

Fast Facts About Today’s Economic Data U.S. Trade Balance improved once again as China and EU imports plunged in February. U.S. Mortgage Purchase Applications at 9 year high. China Q1 GDP comes in just above expectations (+6.4% Y/Y) thanks to Industrial...

Macro Overview

We provide US & Global, Financial Services and Energy macroeconomic commentary written by Rich Farr and Jim McGovern of MCG Securities. Our macro commentary is actionable and tied to current events, opportunities and risks. Rich and Jim’s clientele includes many of the largest asset managers in the U.S., as well as premier hedge funds and institutional investors. Macro commentary includes: Daily Market Updates, Global Macro Notes, Trading Desk Highlights, News Items, and Trading Signal Alerts. Rich Farr is frequently highlighted in major media publications and is a regular guest on television and other public news mediums.

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