ES Insights

In this week’s economic update and our last newsletter of the year, we are 'wrapping' up with a summary of 2023. We give a brief overview of the year that was, our thoughts on 2024, and how we will be approaching the upcoming year from a portfolio management...

Retail sales ticked up in November in the midst of the holiday shopping period. Even after adjusting for inflation, real retail sales (excluding autos) were tracking an increase relative to October. Clothing stores and gasoline were responsible for the...