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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 - Page 7

Is the Downshift in US Inflation Stalling?
By James Picerno - Dec 10, 2024
Disinflation has stalled recently, but economists are debating if this is a temporary blip that will soon give way to a softer trend. Tomorrow’s consumer price report for November will be widely read...
The winners keep on winning. That sums up the horse race for much of this year based on a set of ETFs targeting the main US equity factor risk premiums. Going into the home stretch for 2024, the...
Is US Economic Growth Accelerating in Q4?
By James Picerno - Dec 04, 2024
The odds still look skewed toward a softer pace of expansion for fourth-quarter GDP. However, an upgraded nowcast from the Atlanta Fed hints at the possibility for something stronger. The regional...
The long-term performance forecast for the Global Market Index (GMI) continued to increase in November, marking a full reversal of the recent slide in ex-ante data. Tuesday's estimate also marks the...
Global markets delivered mixed results in November. US stocks and real estate investment trusts led last month’s winners, rebounding with solid gains following October’s decline, based on a set of...
The US economy remains on track to end the year with a moderate increase in output, according to the median Q4 GDP estimate based on a set of nowcasts published by several sources. Recession risk, as...
As the final weeks of the trading year come into focus, American shares remain the odds-on favorite to dominate 2024 performance for the major asset classes. Using a set of ETF proxies through...
The ongoing rise in continuing claims looks worrisome, but initial claims are telling a considerably more upbeat story. Which one’s the better measure? The positive spin via initial claims is...
If you could only track one economic indicator to monitor the economy the trend in payrolls would be a solid choice. Think of it as the fuel that powers consumer spending engine, which accounts for...
Is Fed Policy Still Too Tight?
By James Picerno - Nov 20, 20246
The next round of central bank decisions could rank among the most challenging in recent history, perhaps in decades. Policy hawks and doves can cite a fair amount of evidence for supporting their...