What is the "wealth effect," and why is it important? It is a great question and reminded me of "A Funny Thing Happened on the Way...
For thousands of years, civilization has benefited from some form of globalization. Historians may point to the establishment of the Silk Road in the 2nd...
Investors Alley 8 Best Stocks for 2024 It’s been a turbulent year for the markets, to say the least. Interest rates have been surging, labor strikes...
This post presents an update of the economic forecasts generated by the Federal Reserve Bank of New York’s dynamic stochastic general equilibrium (DSGE)...
In my final video insight for the year, I wanted to share some potentially exciting news for all you small cap stock enthusiasts out there. I...
Today, we present a guest post written by David Papell and Ruxandra Prodan, Professor and Associate Instructional Professor of Economics at the University...
This morning, the New York Fed’s Center for Microeconomic Data released the 2023:Q3 Quarterly Report on Household Debt and Credit. After only moderate...
Maybe it's time to let the old ways die. That's a line sung by Bradley Cooper's character in the hit "A Star Is Born" remake he...
This Crime Data Is Not Real Authored by Jeffrey Tucker via The Epoch Times, Headlines in recent weeks blared that crime is down, all based...
Outsized Yield Swings Defy Bond Traders Bets For Calm By Garfield Reynolds, Bloomberg Markets live reporter and strategist Treasuries tumbled...
How Affluent Homebuyers Are Keeping Luxury Real Estate Market Afloat Submitted by Sam Bourgi of CreditNews Undaunted by rapidly rising...
Watch Live: 'Hawkish' Powell Hints At Firmer Policy Position, Warns Of Inflation "Head-Fakes" Following a slew of FedSpeak from his minions...
It's not just inflation that's turned millennials' budgets upside down.
"Unforced Error" - Right-Wing Critics Slam RNC For Picking NBC To Host Tonight's GOP Debate Five candidates have met the criteria needed to...
Futures Flat Ahead Of Closely Watched Powell Speech US equity futures are flat following a torrid 7-day rally, the longest since 2021, and...
* Banks report tighter lending standards * IMF raises China GDP forecast for 2023 to +5.4% * 20% of US offices vacant and WeWork bankruptcy won’t...
The following headline from a July 2020 CNBC article is stunning: Here's why economists don't expect trillions of dollars in economic stimulus to create...
Regional Bank Reckoning Looms As Regulators Call For FHLB Limits Is Bill Gross about to face another big loser? On Nov 2nd, the former 'bond...
As Balances Soar At Record Pace, Millennials Lead Credit-Card Delinquencies Higher Just in case it wasn't obvious, The NY Fed's latest report...
From the NY Fed: Household Debt Rises to $17.29 Trillion Led by Mortgage, Credit Card, and Student Loan Balances The Federal Reserve Bank of New York's...
Treasury Borrowing Running At Crisis-Era Levels With the November quarterly refunding announcement now in the rearview mirror, we look to...
Does this mean we should be expecting the recession, in next month’s or month after’s data? Maybe, maybe not. Figure 1: Civilian employment over age...
The bank failures that occurred in March 2023 highlighted how unrealized losses on securities can make banks vulnerable to a sudden loss of funding. This...
Understanding the economy is often like putting together a jigsaw puzzle. You try to put together the pieces in a way where they fit together and...
The Bureau of Labor Statistic (BLS) released new jobs data on Friday. According to the report, seasonally adjusted total nonfarm jobs rose 150,000 jobs in...
Berkshire Cash Pile Hits All-Time High $157 Billion, As Buffett Sells A Record $38BN In Stock In Past Year Over the years, Warren Buffett...
Overview: We suspect that if Martians read the FOMC statement, which was nearly identical to the September statement and listened to Chair Powell, they...
Five up days in a row for the S&P 500 ($SPX), Dow Jones Industrial Average ($INDU), and the Nasdaq Composite ($COMPQ)! That's a drastic change in...
October NFP employment came in at 150K (below consensus 180K), private NFP at 99K (vs 158K consensus). Here’s the picture of business cycle indicators...
Wall street cheered the fact that we added fewer jobs (150,000) than expected (179,000) in October. This was a welcome relief after the hot September number...