We had a crazy jobs week last week, with tons of data that should please the Fed, but does that mean we've hit peak mortgage rates...
"The Endgame Is Clear" - Gold's Role Rises As Dollar Hegemony Falls At the recent Rick Rule Precious Metals Symposium, experts Matthew Piepenburg,...
EU Labels Anyone Calling For Peace A "Kremlin Propagandist", Hungarian Minister Exclaims Via Remix News, The EU’s Foreign Affairs Council...
One argument for maintaining tight monetary policy is inflationary pressures — but the question is whether it’s from a positive output gap or cost-push...
A World Running On Empty: The Decline Of Fossil Fuel Supply Authored by Gail Tverberg via Our Finite World blog, Analysis of 2023 Statistical...
There is a sense of new divergence. Most economists, including the staff at the Federal Reserve, no longer think the US is recession-bound. Unprecedented...
By Paul Gomme and Peter Rupert It was a pretty busy week for incoming data. Bottom line: The economy continues to reveal strong economic growth and...
With the employment release, and the monthly GDP from SPGMI, we have the following picture of key macro indicators. Figure 1: Nonfarm payroll employment,...
Some UK families whose wealth largely derives from the transatlantic slave trade have agreed to pay reparations.
The latest labor figures are less encouraging than they might seem.
US The month started with a bang with the US jobs report but the following week is looking a little more subdued, starting with the bank...
"No Other Sector Can Even Compare": US Tech Stocks Are Soaring, But French Luxury Blows Them Out Of The Water By Dhaval Joshi, Chief Strategist...
Overview: Beijing's seemingly steady stream of measures to support the economy and steady the yuan are beginning to produce the desired effect. The yuan...
Canada’s GDP expected to ease in Q2 US nonfarm employment payrolls expected to dip to 177,000 The Canadian dollar is calm in the European session, trading...
Does an error correction model of the Divisia M4 quantity theory or a old style expectations and supply shock augmented Phillips curve fit the post 2019...
The latest monetary policy decision made in August was to hold the cash rate at 4.10 per cent. With the Reserve Bank of Australia’s (RBA) monetary policy...
Reader JohnH asks “is there a net US GDP forecast that includes the depreciation of defense capital?”. For what I think is being asked (commonly known...
Philly Fed GDPplus Measure Sure Looks Like Recession Started In Q4 2022 Authored by Mike Shedlock via MishTalk.com, The Philadelphia Fed...
With personal income, consumption, and manufacturing and trade industry sales released, no downturn yet. If consensus holds, the momentum continues into...
Victoria Nuland Appeared "Desperate" During Africa Tour As US-Backed Leaders Overthrown Authored by Anya Parampil via The Gray Zone, When...
Overview: Position-squaring ahead of today's US personal consumption data and perhaps tomorrow's jobs report is giving the dollar a firmer profile against...
New Zealand business confidence rises ADP Employment Change falls to 177,000 The New Zealand dollar is almost flat on Thursday, trading at 0.5958 in Europe....
Expanded BRICS Set To De-Dollarize The World, Control Global Energy Supply Authored by Darren Taylor via The Epoch Times (emphasis ours), “The...
Reader Econned asks me for a critique of ecological monetarism. I don’t have one overall assessment, but I will say that I do not understand (1)...
While GDP is revised down, GDO matches my guess from last month. Figure 1: GDP advance (light blue), GDPNow as of 8/24 (light blue square), GDP...
Over the past few years, there has been a lot of talk about emerging markets in the Asia-Pacific region. One of those, India, with its robust...
US GDP expanded by 2.1% ADP Employment slides to 177,000 New Zealand business confidence expected to improve The New Zealand dollar posted slight gains...
ADP posts 177,000 new jobs but traders not convinced US Q2 GDP revised lower to 2.1% (2.4% previously) USD pares six week gains after weaker figures...
Inflation & Deficits & QT, Oh My!... Authored by Lance Roberts via RealInvestmentAdvice.com, Part one of this article discusses...
Add Q2 GDP To List Of Economic "Data" Revised Sharply Lower By Biden Administration Another data point, another major downward revision lower. In...