UK Mortgage approvals expected to continue to drop No major revisions expected with Q2 GDP report BOE overnight index swaps price in a peak rate of...
Sidney Homer's Odyssey By Michael Every of Rabobank Bonds were battered again yesterday, the US 10-year closing up 10bps at 4.53%, a new...
Late last year, and into early 2023, the crowd was all in on the inevitability of a US recession starting in the near future. A Bloomberg...
The most important economic data for this week are: U.S. durable goods orders on Wednesday at 12:30 PM GMT. The data for the month of August...
In the comment section of my previous post, a number of people were dismissive of the model because it failed to do well in out-of-sample tests....
Last week wasn't the most optimistic on Wall Street. Even though the US economy is growing, Federal Reserve Chairman Jerome Powell's comments after the...
Gaetz Says 'Few Days' Of Government Shutdown Worth Staving Off 'America's Financial Ruin' Barring some sort of miracle from Congress, the...
Amid the challenges China’s property market faces, which we described in the first part of this two-part series, the sector remains in need of further...
Key Events This Week: GDP Revised Lower; PCE And Durables On Deck This week one of the main highlights will take markets through what DB's...
The Dangerous Myth Of Soft Landing Authored by Daniel Lacalle, If we search the news from 2007, we can find plenty of headlines with the IMF and...
Andrew Jason Cohen, a philosophy professor at Georgia State University, recently wrote “Some Reflections on Reparations,” Discourse, September 22,...
Market sentiment is turning cautious as several risk factors come into focus for the fourth quarter, but for the moment the lofty year-to-date performance...
The Countries Pledging The Most Aid & Arms To Ukraine On Wednesday, amid a diplomatic dispute over Ukrainian grain exports, Polish Prime...
BRICS Will Change The World... Slowly Via VoiceFromRussia.ch, BRICS, the organization that is hardly noticed in the West, more than doubled...
Biden’s Permitting Proposal Would Backfire, Add Red Tape For Affordable Energy Projects Authored by Patrice Douglas via RealClear Wire, Right...
The key reports this week are August New Home sales, the third estimate of Q2 GDP, Personal Income and Outlays for August, and Case-Shiller house prices...
The most important outcome of the last week's flurry of central bank meetings was the median forecast of Fed officials for 50 bp less in cuts...
The Coming Ukraine Collapse & The "Rebuilding" Headfake Authored by Yves Smith via NakedCapitalism.com, Marguerite Yourcenar salvaged...
For weekend reading, Gary Alexander, senior writer at Navellier & Associates, offers the following commentary: Something more dramatic than the ......
From the Philly Fed: The Federal Reserve Bank of Philadelphia has released the coincident indexes for the 50 states for August 2023. Over the past three...
Government Shutdown Could Push Unemployment To 4%, Triggering Recession Start Signal According to Bloomberg chief economist Anna Wong, online...
US It will be a busy week filled with a wide range of economic releases, with the focus falling on the consumer and the Fed’s preferred...
This post presents an update of the economic forecasts generated by the Federal Reserve Bank of New York’s dynamic stochastic general equilibrium (DSGE)...
Overview: The BOJ's failure to do anything or further ideas that an exit of the negative target rate, despite the firm CPI report helped the dollar...
UAW Auto Strike Costs "Detroit 3" $250 Million In Lost Profit Every Day, Will Lead To Much More Inflation One week ago, when previewing the...
Prime Minister Katrín Jakobsdóttir hinted at a tourist tax during a climate conference in New York.
With forecasters failing to predict the acceleration of inflation from 2021, and its subsequent persistence, it is unsurprising that the U.S. ten-year...
Fed Talk & Dot Plots: There's A Big Difference Between Saying And Doing Authored by Michael Maharrey via SchiffGold.com, The Federal...
Six Reasons Why Corporate Profits Will Fall 50% Authored by Charles Hugh Smith via OfTwoMinds blog, Should stock valuations track this same...
The G20 has its critics, but an expert on international politics explains why it still performs a useful function – particularly in this period of great...