RockCreek News

Surprise, Surprise

Just as it seemed clear that the US labor market was gaining momentum, April jobs numbers came in far below expectations. Payrolls increased, but by much less than most analysts had expected. Importantly, the numbers for March were also revised

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Out of sync…

Major economies plunged into recession together a year ago. The path out is marked by divergence, not togetherness. There are two main reasons: Covid-19 and public policy. These will continue to be on investors’ minds.  Covid-19 comes first. We learned

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A Hundred Days of Change…

As President Biden closes in on his first 100 days in office, much has changed. The global economy is expanding rapidly. Vaccines are being rolled out. And markets have mostly been cheering, even as Covid-19 continues to lurk or even,

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Spring in the Step

April has brought good cheer — at least in the United States. Despite ominous signs that Covid-19 has not yet loosened its grip, analysts and investors agree: growth is coming. Policymakers in the US are intent on assuring a strong

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