Video: Econoday’s Mark Rogers and TradingScreen On the US Economy: Week of 04/23/13

TradingScreen and Econoday’s Mark Rogers and Mark Pender provide a look at key economic announcements for the US this week.

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Econoday reports, available on TradingScreen’s award-winning TradeSmart EMS, provide alerts on upcoming economic announcements, and jargon-free analysis of their potential market impact. Mark Rogers, Senior Economist for U.S. markets, has over 19 years of experience with the Federal Reserve Bank of Atlanta as an economist and forecaster for national and regional economies.

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Highlights:

  • Are Housing Starts and Industrial Production Increases Good News – “There are problems in the details. We have to get beyond the headline.” 0.51
  • Implications of Signs of Slowing in the Empire State and Philly Fed Reports – “We have data that is pointing towards a slowing.”  2.33
  • Fed Beige Book Seemed Positive – “The Fed is going to stay easy for quite some time.”  3.30
  • “The Fed will stay loose but debate will continue – that’s what they do. And unwinding monetary policy will be quite complex.”  4.40
  • Thoughts on GDP – “We clearly had a very lackluster number.” 5.05
  • Impact If GDP Hits Expected Levels – “We would be getting employment growth that’s moderate.” 5.43
  • Existing Home Sales – “It was disappointing… sales were below expectations.” 6.24