At first sight, the direction of financial markets in July might have come as a surprise: global equities posted their sixth consecutive monthly gain despite a...
Chinese authorities instigating a broadening series of crackdowns across multiple sectors, the latest a… The post With both domestic China equity markets and Chinese stocks listed...
If insanity is doing the same thing over and over and expecting different results, what does that say about the EU?
US, Chinese markets fall on Covid worries Financial markets wobbled overnight after the US Manufacturing PMI didn’t hit the heady heights expected by markets. To be...
"With Asset Prices So Frothy"... Former RBI Governor Fears Dangers Of Endless QE Authored by Raghuram Rajan via Project Syndicate, With asset prices so frothy, it...
In 2019, the Philippines was one of the fastest growing economies in the world. It finally shed its “sick man of Asia” reputation obtained during the...
Fear that the spread of the Delta mutation of the covid would disrupt the global economy spurred the unwinding of risk-on positions. Interest rates fell, and...
With large shares of populations vaccinated, case counts are no longer a good predictor of fatalities arising from Covid-19. Hospitalization might prove better (and ICU hospitalizations...
The Death Of Commuting By Nick Colas of DataTrek Research The rising interest in remote work is largely an American phenomenon and an important trend to...
A few years ago, Paul Wallace penned an article entitled: “GDP Is A Grossly Defective Product.” The recent release of the Q2-2020 report reminded me of it as...
By Martin Kaufman and Daniel Leigh 2020 was a year of extremes. Travel all but ceased for a period. Oil prices wildly fluctuated. Trade in medical...
For the first time in a month, the euro peaked above 1.19, as the pair rose on promising economic news in Europe. Economic... Read More... The...
Despite some sloppy trading action and some sluggishness in the market's breadth, there may be some good news developing in the options market, which could bode...
Goldman's Top 10 Takeaways From July Despite Friday's modest pullback in the market, stocks managed to close higher for a sixth consecutive month, the longest such...
In this 07-30-21 issue of "Market Rally Continues As Earnings Beat Estimates." Market Rally Continues The Mirage Of Strong Earnings GDP Eclipses Pandemic Level Portfolio Positioning...
By Thomas Cooley and Peter Rupert The Bureau of Economic Analysis announced that real GDP grew at a 6.5% annual rate in Q2. Q1 was revised...
With apologies to John Donne. Jim provided some key points in his Thursday post regarding the 21Q2 advance figures. Here are my additional takeaways: (1) the...
Over the past couple of weeks, over 50% of the companies in the S&P 500 have reported results for Q2 2021. Of those, 88% have reported...
As the fourth most innovative nation in the world, the UK is under particular threat.
North Asian equity heavyweights have deviated from the price action on Wall Street overnight, heading directly South this morning. Mainland China, Hong Kong, Japan and South...
US dollar falls on US data The retreat by the US dollar continued overnight, as US GDP and Initial Jobless Claims reinforced transitory inflation sentiment, flattening...
The Japanese yen has reversed directions on Friday and is slightly lower. Currently, USD/JPY is trading at 109.70, up 0.22% on the day. Fed Chair Jerome...
Country US The upcoming jobs report will be pivotal for the Fed in deciding whether the economy is headed toward hitting their substantial progress goal. Now...
Could these stocks be a staple for your portfolio amidst the current market conditions? The post 5 Top Consumer Staple Stocks For Your August 2021 Watchlist...
At Least 12 Million Households Face Eviction As Moratorium Ends Authored by Mike Shedlock via MishTalk.com, The eviction moratorium ends July 31. Millions of households are...
The profit share of corporate income rose 1.6 percentage points in the first quarter, countering claims of squeezed employers. The economy grew at a 6.5 percent...
Fed hints at September taper, but no promises Overnight, the FOMC released its latest policy decision leaving rates unchanged with no change to its quantitative easing...
U.S. stock futures are pointing to gains ahead of the weekly unemployment claims and second-quarter GDP. The post Stock Market News For Today July 29, 2021...
GDP Huge Miss: Economy Grew Just 6.5% In Q2, Far Below 8.5% Expected On Surprise Inventory Drop Today's first estimate of Q1 GDP growth is expected...
Wait-and-see ahead of FOMC meeting Asian markets are likely to spend the day in wait-and-see mode with a slight downward bias today, as the street moves...