Jason Schenker
44

Jason Schenker

U.S. economy pulls through federal budget cuts

"With this report, the story of modest growth just continues on," said Jason Schenker, president and chief economist of Prestige Economics. The Bureau of Economic Analysis also revised its GDP methodology on Wednesday to include research and development and arts and entertainment ...

Commodities: Tensions in run-up to Opec quota meeting after Iran’s deal with the West

“There will be some discussion around what will happen if more Iranian oil comes into the market,” said Jason Schenker, economist and president at Prestige Economics. “But I don’t think we will see a change in quotas because prices are where Opec likes them to be.” Added to the debate ...

US job creation picks up in February MSN Malaysia News Top Stories, Breaking Headlines, Photos a

"Since the February report was solid, we now expect more tapering at the FOMC meeting," said Jason Schenker of Prestige Economics...

U.S. gains 148,000 jobs; jobless rate, 7.2%

"The labor market is very much on a razor's edge and very much in need" of the Federal Reserve's stimulus, says Jason Schenker, president of Prestige Economics. Barclays Capital says the weak report has prompted it to push back its estimate for when the Fed will begin to scale back its ...

Payrolls in U.S. Rise Less Than Forecast; Jobless Rate Falls

“Hiring will remain modestly positive,” Jason Schenker, president of Prestige Economics LLC in Austin, Texas, said before the report. He was the top-ranked forecaster of payrolls in the past two years, according to data compiled by Bloomberg. “The unemployment rate will come down very ...

Housing Starts in U.S. Climb as Building Permits Pick Up

Housing is “a sector with huge upside potential for GDP and job creation ,” said Jason Schenker, president of Prestige Economics LLC in Austin, Texas. “The upside from housing is probably the only thing that’s going to provide tailwinds strong enough to realize the substantial ...

Short-Term Bond ETFs for Rising Rates

The market faces “an impending rise in interest rates” as the economy improves and inflation heats up in 2014, says Jason Schenker, president of Austin-based Prestige Economics. He has recommended clients dump fixed-income assets in favor of equities, commodities and housing, which he ...

Schenker Sees `Strong Growth' in 2013 Second Half

Dec. 7 (Bloomberg) -- Jason Schenker, president of Prestige Economics LLC, talks about the outlook for the global economy in 2013, today's November U.S. jobs report and copper markets. He speaks with Carol Massar and Adam Johnson on Bloomberg Television's "Street Smart. " (Source: Bloomberg) ...

OPEC alert to risk of lower oil prices in 2014

"I still see (Brent oil) prices ranging between 95 and 115 dollars for most of the next year," Jason Schenker, chief economist at consultants Prestige Economics, told AFP. Schenker meanwhile pointed to the possibility of "a lot more oil coming on the market" should economic ...

Precious metals rise

Moscow : Russia | Sep 08, 2013 at 2:56 PM PDT The report "reverses some of the notion that the US job market is very healthy, and reinforces the notion that the US job market is only modestly improving," Jason Schenker, president of Prestige Economics, said in a note. Schenker ...

Some ETFs for Rising Interest Rates

Jason Schenker, president of Prestige Economics, argues that the market faces “an impending rise in interest rates” as the economy grows and inflation rises, reports Trang Ho for Investor’s Business Daily. Schenker suggests investors should switch out of fixed-income assets and ...

Brent edges over $111, but weak China data drags

"It may be six months or more before all of the Iranian oil returns to the market - and it will depend on Iran's political compliance," Jason Schenker, president of consultancy Prestige Economics said in a note. For a 24-hr Brent chart analysis: here For a 24-hr chart analysis on U.S. oil: here ...

Brent falls below $108 on Iran, U.S. jitters

"We expect this situation will play out as many similar situations have played out before - by pushing the issue to crisis level and achieving a very last-minute resolution - or a resolution immediately after the deadline has passed," Jason Schenker of U.S.-based consultancy Prestige ...

Oil above $110 on Egypt unrest, Fed policy worries

"Since the timing and magnitude of the Fed's tapering to its QE program (are) not yet known, market participants will be reading the FOMC minutes closely for implications regarding policy," said Jason Schenker, president and chief economist at Texas-based Prestige Economics. Some fears ...

Brent rises towards $105, BoJ supports; China data eyed

In other words, growth and expansion are likely to continue, but at a slower pace than in February," Jason Schenker, president of Prestige Economics said in a report over the weekend. Support may emerge in coming weeks from China's economic growth data for the quarter ended March 31...

Shares steady as U.S. totters on fiscal cliff

In any case, neither outcome is fully priced in," Jason Schenker, president of U.S. consultancy Prestige Economics. (Additional reporting by Francesco Canepa and Anooja Debnath; Editing by Giles Elgood and Will Waterman) ...

UPDATE 3-US natgas futures end down on mild extended ...

Unless we get some cold weather, we could see prices move even lower," said Jason Schenker, president of Prestige Economics in Texas. Traders note that inventories are still at record highs for this time of year, and production is flowing at or near an all-time peak. Front-month gas ...

Positive Start for Oil in July on Stronger Economic Data

“These are all forward-looking manufacturing data, and they were all positive,” said Jason Schenker, president and chief economist at Prestige Economics LLC in Austin, referring to the Japanese, U.S. and European data. This article is for general information purposes only. It is not ...

Brent climbs toward $105 on US data, hopes Fed stimulus to stay

"The Fed, however, is likely to err on the side of caution, which means even a decision to taper QE in September will be data dependent," Jason Schenker, the president of Prestige Economics said in a note. Brent oil rose 6 cents to $104.62 a barrel by 0507 GMT, after hitting $104.76 ...

Brent holds below $105 on moderate demand outlook

"Any hint in Bernanke's testimony or the FOMC minutes toward a change in policy could significantly affect equity, interest rate, foreign exchange, and commodity markets," Jason Schenker, president of Prestige Economics, wrote in a report. "Hints of unchanged QE, longer QE, or additional ...

Join Newsle to find out when Jason Schenker makes the news.

As a Newsle member, you’ll be able to:

  • Get alerts on Jason Schenker
  • See news articles & blog posts about Jason Schenker
  • Follow your friends & colleagues in the news
This profile only includes publicly available information. Questions or comments? Contact Us
Freebase CC-BY
Data from Freebase, licensed under CC-BY
Source: CrunchBase
Data from Wikipedia, licensed under the GFDL