With fewer funds to fall back on, minority-owned enterprises have struggled in the recession. To make things worse, many are in sectors that have been badly...
Overview: Rising rates continue to spur a rotation and retreat in stocks. Yesterday the NASDAQ sold-off by nearly 2.5% while the Dow Industrials eked out a...
Recently, I discussed the "Two Pins That Pop The Bubble," specifically noting the risk of rising interest rates and inflation. However, the real threat is not...
President Biden’s proposal to spend another $1.9 trillion to shore up the COVID-ravaged U.S. economy is prompting a debate over how much fiscal stimulus is too...
Key Events This Busy Week: Powell, Stimulus And More Inflation Cues As DB's Jim Reid writes in his Early Morning Reid, "this week marks the first...
Overview: Higher interest rates, driven by inflation expectations, is forcing an adjustment to equity markets. The S&P 500 is poised to gap lower today following slides...
Banker Bonuses Roped In By Regulators Despite Record 2020 For Financial Industry If you worked in the banking sector last year, you may not have even...
Are Yields About To Blast-Off: Here Are The 3 Things To Watch For many months, traders and strategists have been warning - and dreading - a...
“Employment will bounce back to pre-pandemic levels by December 31st, 2021.” - Bank of America Popular forecasts call for a return to pre-pandemic levels of employment...
Next Up: Global Depression Authored by Charles Hugh Smith via OfTwoMinds blog, This madness is now global, so next up: global depression. A few days after...
The US dollar weakened on Thursday, joining the decline in the broader financial markets. The greenback is slumping after the US government reported a larger-than-expected reading for initial jobless claims. While the dollar has rebounded over...
FOMC Minutes Show Fed Sees "Elevated Asset Valuation Pressures", Will Ignore "Temporary" Inflation Factors Bonds and bullion have been battered since the Jan 27th FOMC meeting...
The Canadian dollar is trading lower for a second consecutive day. Currently, USD/CAD is trading at 1.2730, down 0.33% on the day. Canada inflation edges higher...
Today, the New York Fed’s Center for Microeconomic Data reported that household debt balances increased by $206 billion in the fourth quarter of 2020, marking a...
The US dollar rose against some of its major currency peers in the middle of the trading week as financial markets failed to react positively to strong retail sales data. The greenback has strengthened during the holiday-shortened...
Some 5,000 National Guardsmen will stay in Washington to protect the Capitol into March, according to the Pentagon. The Guard is seen as a reliable peacekeeping...
Early projections for US economic output in the first quarter point to extension of the rebound that started in last year’s Q3. A set of nowcasts...
The Canadian dollar has started the week with gains. Currently, USD/CAD is trading at 1.2643, down 0.40% on the day. It has been a busy start...
Demand For Used Private Jets Takes Off During Pandemic In a troubling sign that economic inequality continues to widen in the pandemic recession and recovery, the...
The broader market averages gained more than 1% this week, led by Energy and Technology stocks. The most notable move was in the bond market, where...
Where Energy Modeling Goes Wrong Authored by Gail Tverberg via Our Finite World blog, There are a huge number of people doing energy modeling. In my...
Why Stimulus Doesn't Lead To Organic Growth Authored by Lance Roberts via RealInvestmentAdvice.com, There is a growing consensus in Washington the only way to fix the...
There is a growing consensus in Washington the only way to fix the worst economic downturn in more than 70 years is by giving out more...
The Canadian dollar has posted considerable losses in the Friday session. Currently, USD/CAD is trading at 1.2746, up 0.34% on the day. US dollar flexes muscles...
8 Million More Living In Poverty, 9 Million Small Businesses In Danger Of Closing, 10 Million Behind On Rent... Authored by Michael Snyder via The Economic...
In the US, reflation on the back of fiscal stimulus and the exit from lockdowns should lead to modestly higher inflation expectations and nominal bond yields....
The US dollar added to its weekly decline on Thursday after initial jobless claims came in higher than market forecasts. With nearly 800,000 people applying for unemployment benefits, the American labor market...
Equity investors, quite rightly, remain resolutely focused on the positive, medium-term outlook for corporate profits rather than the near-term economic challenges. In our view, the economic...
A Third Of All US Homeowners Own Property Worth Double The Underlying Mortgage In the midst of a virus pandemic, with millions of Americans out of...
Will The Fed's "Feelgood" Medicine Cause An Economic Collapse? Authored by Barry Brownstein via The American Institute for Economic Research, Dr. Max Jacobson became known as...