Founder & Head of Research, Fortress Hill Advisors

Alex Ng

Founder & Head of Research

Fortress Hill Advisors

Founded in Hong Kong in 2019, Fortress Hill Advisor seeks to provide premium economic and financial researches.

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Macroeconomics

<ul>
<li>December’s personal income and spending report will be largely old news, with Q4 totals seen with the GDP report on January 30.</li>
<li>Our pre-GDP forecasts for a 0.2% rise in core PCE prices and a 0.4% rise in personal income still look valid.</li>
<li>December personal income is unlikely to rise so sharply, which suggests upward revisions in October and November. </li>
</ul>


December’s personal income and spending report will be largely old news, with Q4 totals seen with the GDP report on January 30.
Our pre-GDP forecasts for a 0.2% rise in core PCE prices and a 0.4% rise in personal income still look valid.
December personal income is unlikely to rise so sharply, which suggests upward revisions in October and November. 


Preview: Due January 31 - U.S. December Personal Income and Spending