Site Search

Looking for something? Use the search bar below or visit our Resources page.


Author Hafizan Hamzah

Published

Estimated

Treasury yields are roughly 5 bps higher across the curve while futures on both the Dow and S&P are up over 1% on the back of renewed market optimism.

Investors have taken a more hopeful view this morning, buoyed by news that the Trump administration’s planned tariffs may be more targeted, allowing some countries and industries to fare better than originally thought. Today’s economic calendar is light with just the Chicago Fed National Activity index and S&P US Manufacturing and Services PMI. It starts to pick up tomorrow with the release of housing data, and on Thursday, we will see the release of the revised US Q4 GDP.

Hafizan Hamzah
Senior Director, Investment Management Group

DateEventSurv(M)ActualPrior
3/24/2025Chicago Fed Nat Activity Index-0.170.18-0.03
3/24/2025S&P Global US Manufacturing PMI51.8     —52.7
3/24/2025S&P Global US Services PMI51     —51
3/24/2025S&P Global US Composite PMI51.3     —51.6
3/25/2025Philadelphia Fed Non-Manufacturing Activity     —     —-13.1
3/25/2025FHFA House Price Index MoM0.30%     —0.40%
3/25/2025S&P CoreLogic CS 20-City MoM SA0.40%     —0.52%
3/25/2025S&P CoreLogic CS 20-City YoY NSA4.55%     —4.48%
3/25/2025S&P CoreLogic CS US HPI YoY NSA     —     —3.92%
3/25/2025New Home Sales680k     —657k
3/25/2025New Home Sales MoM3.50%     —-10.50%
3/25/2025Conf. Board Consumer Confidence93.6     —98.3
3/25/2025Conf. Board Present Situation     —     —136.5
3/25/2025Conf. Board Expectations     —     —72.9
3/25/2025Richmond Fed Manufact. Index0     —6
3/25/2025Richmond Fed Business Conditions     —     —1
3/25/2025Building Permits     —     —1456k
3/25/2025Building Permits MoM     —     —-1.20%
3/26/2025MBA Mortgage Applications     —     —-6.20%
3/26/2025Durable Goods Orders-1.00%     —3.20%
3/26/2025Durables Ex Transportation0.20%     —0.00%
3/26/2025Cap Goods Orders Nondef Ex Air0.00%     —0.80%
3/26/2025Cap Goods Ship Nondef Ex Air0.20%     —-0.30%
3/27/2025GDP Annualized QoQ2.30%     —2.30%
3/27/2025Wholesale Inventories MoM1.00%     —0.80%
3/27/2025Personal Consumption4.20%     —4.20%
3/27/2025GDP Price Index2.40%     —2.40%
3/27/2025Core PCE Price Index QoQ2.70%     —2.70%
3/27/2025Advance Goods Trade Balance-$135.5b     —-$153.3b
3/27/2025Initial Jobless Claims225k     —223k
3/27/2025Retail Inventories MoM     —     —-0.10%
3/27/2025Continuing Claims1879k     —1892k
3/27/2025Pending Home Sales MoM1.00%     —-4.60%
3/27/2025Pending Home Sales NSA YoY     —     —-5.20%
3/27/2025Kansas City Fed Manf. Activity     —     —-5
3/28/2025Personal Income0.40%     —0.90%
3/28/2025Personal Spending0.50%     —-0.20%
3/28/2025Real Personal Spending0.30%     —-0.50%
3/28/2025PCE Price Index MoM0.30%     —0.30%
3/28/2025PCE Price Index YoY2.50%     —2.50%
3/28/2025Core PCE Price Index MoM0.30%     —0.30%
3/28/2025Core PCE Price Index YoY2.70%     —2.60%
3/28/2025Bloomberg March United States Economic Survey   
3/28/2025U. of Mich. Sentiment57.9     —57.9
3/28/2025U. of Mich. Current Conditions     —     —63.5
3/28/2025U. of Mich. Expectations     —     —54.2
3/28/2025U. of Mich. 1 Yr Inflation     —     —4.90%
3/28/2025U. of Mich. 5-10 Yr Inflation     —     —3.90%
3/28/2025Kansas City Fed Services Activity     —     —2

Hafizan Hamzah

Senior Director, Investment Management Group

LinkedIn

  Headline Disclaimer

ALM First offers investment advisory services through ALM First Financial Advisors, LLC, which is registered with the U.S. Securities and Exchange Commission (“SEC”). SEC registration does not constitute an endorsement of the firm by the SEC nor does it indicate that the firm has attained a particular level of skill or ability. The information contained herein does not constitute investment advice or a recommendation for you to purchase or sell any specific security. You are solely responsible for reviewing the content and for any actions you take or choose not to take based on your review of such content.

Information contained herein was derived from third party sources as indicated. While such information is believed to be reliable, no representation or warranty is made concerning the accuracy of any information presented. We have not and will not independently verify this information. Where such sources include opinions and projections, such opinions and projections should be ascribed only to the applicable third party source and not to ALM First.

Statements herein that reflect projections or expectations of future financial or economic performance are forward-looking statements. Such “forward-looking” statements are based on various assumptions, which assumptions may not prove to be correct. Accordingly, there can be no assurance that such assumptions and statements will accurately predict future events or actual performance. No representation or warranty can be given that the estimates, opinions or assumptions made herein will prove to be accurate. Any projections and forward-looking statements included herein should be considered speculative and are qualified in their entirety by the information and risks disclosed in the confidential offering document. Actual results for any period may or may not approximate such forward-looking statements. No representations or warranties whatsoever are made by ALM First Financial Advisors, LLC or any other person or entity as to the future profitability of investments recommended by ALM First Financial Advisors, LLC.



Recent Beyond The Headlines


  Headlines RSS
Strategic Partners

Let’s Work Together

ALM First is your agile partner with a trusted history of delivering results.