Monday Morning Meeting Notes (12/05/2022)

Weekly Economic Insights

Monday Morning Meeting Notes (12/05/2022)

Bradley Prosper, CFA®, CFP® Weekly Economic Insights

Monday Morning Meeting Notes (12/05/2022)

General Info:

  • The November employment report showed 263,000 new jobs added (expectation was 200,000), and the unemployment rate remained steady at 3.7%
  • The Fed’s preferred inflation measure, Core PCE, rose 0.2% month-over-month and 5.0% year-over-year
  • Fun Fact: Did you know that a woman was elected to U.S. Congress before women could vote? Jeannette Rankin was elected to the U.S. House of Representatives in 1916, which was four years before the 19th Amendment gave women the right to vote. To this day, she is the only woman ever elected to Congress from Montana

Monday 12/05:

  • U.S. ISM Services PMI for November
  • S&P Global PMI data for the Eurozone and India
  • China Caixin Services PMI

Tuesday 12/06:

  • Sprinklr reports earnings
  • Georgia’s U.S. Senate runoff takes place

Wednesday 12/07:

  • Pearl Harbor Remembrance Day
  • Germany industrial production

Thursday 12/08:

  • DocuSign reports earnings
  • U.S. initial jobless claims and continuing claims data
  • Walt Disney Co. launches an ad-supported tier of its Disney+ streaming service for $8 per month
  • The ad-free version is $11 per month

Friday 12/09:

  • U.S. University of Michigan consumer sentiment index
  • U.S. producer price index (PPI) for November
  • China PPI, aggregate financing, money supply, and new yuan loans

About the Author

Bradley Prosper, CFA®, CFP®

Senior Research Analyst
Mr. Prosper is a member of the Firm’s investment research group where he assists in conducting investment research that is instrumental in the construction, maintenance, and management of client portfolios. This research includes the procurement of primary data via direct investment manager interviews as well as analyzing information from our data resources.