From the Desk - Economic Commentary
Scott Goedken, Institutional Strategies Director - 9/21/2026
U.S. equity markets are higher this morning, Treasury yields are lower across the curve, and crude oil prices have fallen approximately 3% to 4%. The decline in oil prices has pushed crude to its lowest level in nearly two weeks and is supporting risk assets early in the session.
The Chicago Fed National Activity Index decreased to -0.04 in August from an upwardly revised 0.08 in July, indicating economic activity slowed from the prior month.
With few significant releases scheduled today, attention this week will turn to Thursday's initial jobless claims report, new home sales, and Flash PMI surveys. Friday's durable goods orders report and final consumer sentiment reading will provide additional insight into business spending and household confidence as the third quarter draws to a close.
Subscribe to our daily From the Desk newsletter to get economic commentaries and updated market rates sent directly to your inbox.
Subscribe Here