In Part-2 of "Capitalism" does not equal "Corporatism," we delve into why bailouts support corporatism and how to fix the system. (Read Part 1 Here -...
The U.S. dollar index advanced to 92.602, the highest since early April The dollar… The post Dollar gains ahead of U.S. payrolls report first appeared on...
June Payrolls Preview: Hot But Not Too Hot Labor market reading going into tomorrow's Nonfarm Payrolls have been predominantly strong in June, but not all; as...
CBO released an Update to its Budget and Economic Outlook, while the IMF released a mission concluding statement for its Article IV review of the United...
9 Million Workers Return To The Labor Force In September: What Happens To Wages Then While Goldman has been largely dismissive of inflation so far, the...
Oil rises ahead of OPEC Oil prices are charging higher for a third straight session, boosted by falling inventories as investors look ahead to the OPEC+...
Consider the plight of a time series econometrician who wants to do a quick and dirty forecast for the next year, conditioned only on past information...
Forget Goldilocks: El-Erian Doubts "Transitory" Narrative, Fears "Increasing Risk Of Instability" Authored by Mohamed El-Erian, op-ed via The Financial Times, Too much confidence is placed in...
The U.S. Dollar Index edged down 0.01% to 92.030 The dollar was down on… The post Dollar lower as investors await U.S. jobs data first appeared...
The overnight session was another sideways in Seattle sleeper for most asset classes as even equities struggled to maintain upward momentum. US yields edged slightly lower;...
Overview: The dollar is finishing the quarter on firm footing, gaining against most of the major currencies today. The euro is straddling the $1.1900 area, having...
Oil steadies ahead of API inventory data Oil prices are treading water on Tuesday after steep losses on Monday as investors digested rising Covid cases in...
Futures Rise To Record Despite Rising Delta Strain Jitters Global stocks were mixed and US futures edged to new all time highs as concerns over the...
John Taylor: Is The Fed Getting Burned Again? Authored by John Taylor via Project Syndicate, As in the stagflationary 1970s, the US Federal Reserve is once...
US Home Prices Just Accelerated At Their Fastest Pace On Record According to the Case-Shiller indices, home prices in America's 20 largest cities have exploded at...
MSCI’s all country world index ended at 722.05, or 0.02 per cent higher, the… The post Global share markets hit new highs on US equities first...
Analysts had expected the lenders to start issuing as much as $130 billion in… The post Wall Street banks hike capital payouts after Fed’s clearance first...
Coming into the month of June, the noise level about runaway commodity prices was at a pretty high decibel reading. Just about every hard and soft...
Inflation refers to changes over time in the overall level of prices of goods and services throughout the economy. The government measures inflation by comparing the...
What's in store for silver in the future? Keith Neumeyer of First Majestic Silver has said he sees the white metal reaching US$130 per ounce. The...
Key Events This Week: Here Come Payrolls The first half of this week will be quiet before the tempo picks up substantially with Thursday's ISM print...
When Will The Supply-Chain Collapse Finally Stabilize: Here Is Goldman's Take As we have been documenting daily (most recently in "More Container Ships Score "Astronomical" $100,000/Day...
After a cautious session in Asia, European stocks are edging lower on inflation concerns and as Covid jitters return, threatening to derail the tourist season. Stocks...
Oil eases as focus turns to OPEC+ meeting Oil prices are drifting after hitting a fresh two-year high as the new week kicked off. WTI crude...
Freedom is the freedom to say that two plus two make four. If that is granted, all else follows. George Orwell, 1984 I have said many...
"What If We Are Wrong": Goldman Reruns Market Forecasts Assuming Its Key Assumptions Are All Wrong Halfway through 2021, the S&P 500 closed at an all...
Three events highlight the week ahead. The quarter-end can often experience heightened intraday volatility as investors and banks adjust positions and hedges. Hours before the end...
The Federal Reserve recently signalled that the time had come to start considering a scaling-back of its massive emergency support for the US economy as it...
BofA Crashes The "Transitory" Party: Sees Up To 4 Years Of "Hyperinflation" At the start of May, when observing the avalanche of "higher inflation" mentions on...
The Stoxx 600 index rose 0.87% at 457.04, CAC 40 added 1.22% to 6,631.15,… The post European shares rally as investors focus on dovish BoE first...