Imagine a door that opens and closes, letting electricity flow through or stop it in its tracks. Now, imagine that same door opening and shutting in...
Overview: Fears that the Israel-Hamas war was going to widen this past weekend sent gold and oil sharply higher at the end of last week. A reportedly...
BoJ, the Fed and the BoE on the Radar The BoJ is anticipated to remain on hold at -0.10%, though a potential change in forward guidance...
Recent decline in the Nikkei 225 has managed to stall again at the key 200-day moving average with positive momentum seen in the hourly RSI indicator....
From NY Times, on the passing of former premier Li Keqiang: …Mr. Li, who had degrees in law and economics, represented the pragmatic technocrats who...
Gold's About To Have Its Day: Jim Grant Warns No One's Prepared For "Higher Yields For Much, Much, Much Longer" Authored by Christoph Gisiger...
The selling in this market is accelerating, and some of it is in areas of the market which usually hold up during stressful periods. One of...
Since the 2020 pandemic, we've seen many relative leaders come and go. I've found the most difficult part of trading/investing these past few years to...
Visualizing The Key Investment Theme Of Each Decade (1950-Today) Over modern history, a key investment theme has broadly characterized each...
Month-on-Month services inflation after January 2020 is more persistent than nondurable goods inflation (0.68 vs. 0.38). And services core inflation ...
Rank-and-file union members employed by the automakers have to ratify the new contracts before they can become final.
Menzie Chinn just published a short note “Inversions, Bear Steepening Dis-Inversions, and Recessions.” He was responding to an article that argued that a bull steepening is...
By Paul Gomme and Peter Rupert The BEA announced that real GDP for 2023Q3 rose 4.9% on an annualized basis, according to the advance estimate. This...
Boo! The key report this week is the October employment report on Friday. Other key indicators include the Case-Shiller house prices for August, October ISM manufacturing...
November may be an in-between month. It will be a month of limited monetary policy actions and a period of heightened geopolitical tensions. Fiscal policy...
Broke Millennials Wait For Boomer Parents To Die For Next 'Great Wealth Transfer' Since 1980, US government debt has exploded, soaring from...
GDP surges, at 4.9%, compared to 4.3% Bloomberg consensus, and 5.4% from the Atlanta Fed’s GDPNow (It’s about a point less than the seemingly over-optimistic...
Loonie lower as oil prices pare earlier gains Overnight Index Swaps eye BOC’s next move as a rate cut in H2 2024 Fed funds futures see...
Sir Jon Cunliffe looks at payment solutions of the past and future in his last speech as deputy governor of the BOE. The Federal Reserve...
Here's a good visual of the K-shaped recovery from the pandemic. This is top the 1/3 in income versus the bottom 1/3 (terciles). The K would...
US data probably doesn’t change things ahead of the Fed It’s been another tough week for European stock markets which are set to end it in...
UPTON, NY—Plant biologists at the U.S. Department of Energy’s (DOE) Brookhaven National Laboratory have engineered enzymes to modify grass plants so...
Fed expected to keep rates on hold despite robust US GDP/personal consumption/spending data Monthly pace of core inflation ticked higher October’s PCE...
A lovely plot from the always interesting Torsten Slok. The graph shows the actual federal funds rate, together with the path of "expected" funds rate...
Exxon Blows Away Cash Flow Expectations, Hikes Dividend Ahead Of Transformational Deal With Pioneer Exxon Mobil, which will soon be the largest...
- by New Deal democratReal life intruded yesterday, so I didn’t put up any information about the Q3 GDP report. I’ll write in detail next week,...
Savings Rate Plunges As Spending Soars; Inflation Slows As Govt Wage Growth Nears Record High One of The Fed's favorite inflation indicators...
Profits Are No Panacea In $8.5 Trillion Collapse By Sagarika Jaisinghan, Bloomberg markets live reporter and strategist Corporate earnings were...
Yesterday’s blowout rise for US economic growth in the third quarter delivered an upside surprise, especially for analysts who remain all in with forecasting...
AUD/USD extends gains US Core PCE Prices ticks lower The Australian dollar is higher on Friday. In the North American session, AUD/USD is trading at 0.6350,...