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James Picerno

  • Analysis & Opinion

James Picerno's Opinion & Analysis
A complete archive of James Picerno's articles, including current analysis & opinion.

Europe’s modest recovery is intact, but today’s first look at business sentiment data for May from the European Commission will probably show a mild setback. Later, the US labour market is...
How’s that second-quarter rebound working out for the US? It’s still a shaky affair, but there are signs that the macro trend has strengthened a bit, based on a preliminary review of ...
The softer pace of economic growth in Germany and the implications for the future are in focus today with the monthly update of the Gfk Consumer Climate Index. Later, the US economy moves to the fore ...
The US economy is widely expected to grow at a faster rate in the second quarter vs. Q1, but that may turn out to be a hollow achievement. Indeed, the hurdle is quite low for beating the near-flat ...
The economic numbers start rolling in again after a lull due to a long holiday weekend in the UK and US. One of today’s key releases is the CBI Distributive Trades Survey for Britain, which will...
How’s that second-quarter rebound holding up? Well, it’s shaky. The economic reports in the weeks ahead could tell us otherwise, but the numbers published so far for May offer a mixed bag ...
Thursday is a busy day for economic releases, including several preliminary estimates of purchasing managers' indices (PMIs) for May on both sides of the Atlantic. Among the highlights: flash data for...
The three-month average of the Chicago Fed National Activity Index (CFNAI) is expected to slip a bit deeper into negative territory in the April update that’s scheduled for tomorrow (May 21), ...
US economic growth has slowed in recent months, but the deceleration to date remains well short of a tipping point for the business cycle, based on a broad set of published reports through April. ...
The news that Britain’s inflation rate slipped below zero will focus attention on today’s Bank of England minutes as the market looks for new guidance on monetary policy. Meanwhile, the ...