Overview: Better than expected Chinese data and an unscheduled ECB meeting are the highlights ahead of the North American session that features the May...
Recent research suggests that inflation, adjusted for methodology changes, is getting close to the peak of the early 1980s, casting doubt on the sufficiency...
A Chaotic Tipping Point: Bill Blain Warns "We Are Spiralling Into Something Messy" Authored by Bill Blain via MorningPorridge.com, “The...
Three G7 central banks meet in the coming days, and they dominate the macro stage. The Federal Reserve's meeting concludes on Wednesday, the Bank of England...
Three G7 central banks meet in the coming days, and they dominate the macro stage. The Federal Reserve's meeting concludes on Wednesday, the Bank of England...
It wasn’t exactly a secret, though the raw data doesn’t ever tell you why something might’ve changed in it. According to the Bureau of Economic Analysis,...
Will a recession follow? It’s been a slow start to the month in financial markets but the ECB rate decision on Thursday finally got things moving...
Overview: Chinese markets were the notable exception amid sharp losses in many of the large markets in the Asia Pacific. A rebound in the Japanese...
The BLS’s most recent labor market data is, well, troubling. Even the preferred if artificially-smooth Establishment Survey indicates that something...
DataTrek: Oil Prices Hitting $140 Would Mean Recession In The Next 12-18 Months By Nicholas Colas of DataTrek Research 1970s Debt Vs. Today Two...
The Inevitable Recession By Philip Marey, Senior US Strategist at Rabobank Summary The negative supply shocks related to COVID and the...
Futures Rise Ahead Of Hawkish ECB Meeting US index futures turned positive on Thursday, even as European stock slipped ahead of the ECB decision...
What Is a Fed Put?The main goal of the Fed, or the U.S. Federal Reserve, is to maintain a healthy U.S. economy through stable prices and...
They called it an atmospheric river, though I’m not really sure who “they” was nor whether the term is scientific or just media hype. Either way,...
Overview: China and Hong Kong re-opened after the Friday and holiday and equities rallied strongly. Japan, Taiwan, and South Korea advanced as well. However,...
How Quantitative Tightening Ends Authored by MN Gordon via EconomicPrism.com, The pursuit of decadence is always met with the painful reality...
The ECB meeting on June 9 and the May US CPI estimate the next day provide the two highlights for the first full week of June....
Lumber Prices Crash 50% As Fed Tightens Lumber prices have been halved since the Federal Reserve embarked on its most aggressive interest...
May Payrolls Preview: Could We Get A Negative Print If there is one thing that can stop the Fed dead in its tracks from hiking rates...
May Payrolls Preview: Non-Trivial Odds Of A Negative Print If there is one thing that can stop the Fed dead in its tracks from hiking rates...
Judy Shelton: Fed Can Only "Kill The Economy" With "Whatever It Takes" Approach Authored by Andrew Moran via The Epoch Times, Jerome Powell...
In the course of making monetary policy and issuing currency, the Federal Reserve accumulates a portfolio of Treasury and agency securities, which earn...
Asian markets are mostly positive this morning as Shanghai announced a raft of stimulus measures and both Shanghai and Beijing eased Covid-19 restrictions....
Global equities have continued their sell-off over the last week. What is new is that markets are now reacting to risks of weaker economic data weighing...
After months of higher Treasury yields, the possibility that rates have peaked is a topical discussion, fueled by easing rates in recent days. Although...
Key Events This Week: Global PMIs, US Durables and PCE It is a relatively quiet week, and the biggest highlight for investors following the...
The Fed Has Crossed The "Hard Landing" Rubicon So How High Will It Hike? One Bank Crunches The Numbers One month ago, a SocGen strategist...
This whole “inflation” scenario isn’t really that difficult to piece together, effect from cause. Sure, Jay Powell’s trying to nuke it by hiking...
One Step Closer To Recession: Goldman Cuts S&P Price Target To 4,300; Slashes GDP Forecast It took Goldman three months to slash its (widely...
The bond market is allegedly populated by the “smart” set, whereas those trading equities derided as the “dumb” money (not without some truth)....