Real disposable personal income and real personal consumption expenditures both increased in August, the U.S. Bureau of Economic Analysis reports.
Real disposable personal income increased 0.3% in August. This follows a 0.2% increase in a July and leaves real DPI up 1.6% from a year ago.
Yarra Square Partners returned 19.5% net in 2020, outperforming its benchmark, the S&P 500, which returned 18.4% throughout the year. According to a copy of the firm's fourth-quarter and full-year letter to investors, which ValueWalk has been able to review, 2020 was a year of two halves for the investment manager. Q1 2021 hedge fund Read More
Real personal consumption expenditures increased 0.2% in August. In July, real PCE increased 0.1%. Real PCE are now up 2.0% from a year ago.