Inflation remains elevated, labor markets are close to the strongest they have been, real consumption is up year-over year, but all of these observations...
Overview: As US markets prepare to re-open from yesterday's holiday, the dollar is trading mostly higher, though the euro and yen are steady to slightly...
Global manufacturing hubs; South Korea, Singapore & China continued to indicate a weaker external demand environment. Several key stock markets; US...
The members of the Philadelphia Convention1 had a few fundamental purposes they hoped to achieve with the Constitution they created. Some of their ideas...
In this episode of EconTalk, Russ Roberts hosts Robert Hall, a professor of economics and fellow at Stanford University’s Hoover Institution. Roberts...
Between March 2022 and March 2023, the Fed raised the federal funds target rate by 475 basis points or 4.75%. ... Read more
Is A New Housing Crisis Brewing In Spain? Authored by Nick Corbishley via NakedCapitalism.com, Spain is one of the European economies that...
For weekend reading, Bryan Perry, Senior Director with Navellier Private Client Group, offers the following commentary: A few indicators are taking shape...
Guillermo Calvo was a leading member of a group of economists who revolutionized macroeconomics by modeling how incentives and the anticipation of future...
Even after dropping off from the highs they’d seen earlier in 2022, gas prices were still causing consumers pain at ... Read more
Jerome Powell's Open-Mouth Operations Authored by Michael Maharrey via SchiffGold.com, Federal Reserve Chairman Jerome Powell testified before...
To Many Americans, It Already Feels Like We Are In A Deep Recession Authored by Michael Snyder via TheMostImportantNews.com, Are you deeply...
While our predicted 2023 stock market rally appears robust at first glance, the reality reveals a different story. Initially, pessimists expected the aggressive...
Key Events This Week: No Data Releases But Fed Speakers Galore Including Powell (Twice) After what was arguably the busiest macro week of...
A few things are taking shape within the financial markets where investors should consider what lies ahead for bond yields and how to profit from the...
The Fed said it’s pausing its aggressive rate-hiking campaign as it collects more data on the impact.
Skip-Go? By Stefan Koopman, Senior Macro Strategist at Rabobank Even as the inflation crisis appears to be ebbing, markets remain highly...
China proxies; Hang Seng Index, Hang Seng TECH, and Hang Seng China Enterprises have outperformed S&P 500 & MSCI All Country Asia ex Japan since...
That is the title of an article by Cascaldi-Garcia et al. (2023) in the Journal of Economic Literature. I summarize some of the key findings below....
The Issue: The United States Federal debt is the subject of ongoing concern and, during negotiations over lifting the debt ceiling, a source of political...
I've been reading a lot of macro lately. In part, I'm just catching up from a few years of book writing. In part, I want to...
Baby Boomers Are Moving To Vegas And Tampa, Millennials Prefer Austin: America's Great Migration In Real-Time Until now, Bank of America would...
The recent increase in mortgage rates, which has made buying a house or borrowing against home equity more expensive, in part reflects a broad increase...
Stocks are declining after investors got spooked when the Bank of Canada restarted their rate hiking campaign. Canada’s central bank is viewed as one...
What Central Banks Giveth They Taketh Away; Wave Of Corporate Defaults On The Horizon Authored by Michael Maharrey via SchiffGold.com, With a...
Futures Drift Amid Global Risk-Off Sentiment US equity futures are flat, bond yields are lower, the dollar is higher, and commodities (ex-Ags)...
Starting around 2016, Sri Lanka's economy was beset by a series of fiscal and economic policy missteps. The COVID-19 pandemic only worsened an economy...
Could monetary conditions be supportive of the "soft landing" scenario? While the "recession" versus "no recession" debate rages, there is a precedent...
The Fed Blew Up Another Real Estate Bubble And It's Losing Air Authored by Michael Maharrey via SchiffGold.com, In March, I warned that...
UK inflation has been stubbornly high and interest rate hikes have not yet brought it in line with other advanced economies.