China Unexpectedly Cuts Key Rate, Adds Liquidity As Economic Growth Slowed, Retail Sales Slump A busy night started with weakness in US equity futures (Nasdaq down...
Europe's Spendthrifts Are Stuck In Irreversible Debt-Traps Authored by Alasdair Macleod via GoldMoney.com, A Euro Catastrophe Could Collapse It This article looks at the situation in...
A Former SAC PM's Advice To Traders: "Sit Tight, Be Right" By Nicholas Colas, co-founder of DataTrek Research Today’s story is about patience. Whether you are...
Pento Warns The Fiscal & Monetary Cliffs Have Arrived Authored by Michael Pento via PentoPort.com, According to Doug Ramsey of the Leuthold Group, 334 companies trading...
Many market observers have been predicting a sharp rise in US real yields for at least a year (ourselves included). In 2021 it never quite came....
Futures Slide After Disappointing JPMorgan Earnings, Tech Rout Worsens After trading flat for much of the overnight session, S&P futures slumped to session lows shortly after...
Biden Nominates Sarah Bloom Raskin, Philip Jefferson and Lisa Cook To Fed Board As was leaked previously, on Thursday night the White House said that Joe...
In His Last Comment As Fed Vice Chair, Clarida Echoes Brainard, Says Rate Hikes Coming In his last speech as Fed Vice Chairman Richard Clarida, who...
Global Economy Heading For "Mother Of All" Supply Chain Shocks As China Locks Down Ports Over the past month, as Wall Street turned increasingly optimistic on...
Key inflation report shows a historic but largely expected gain. The post Stock Market Today: Dow Jones, S&P 500 Up After Powell Comments; Didi Gains On...
The US economy remains on track to post a sharp rebound in the fourth-quarter GDP report that’s scheduled for Jan. 27. The momentum, however, is expected...
Investors are eagerly awaiting news of Fed Chief Jerome Powell's renomination. The post Stock Market Today: Dow Jones, S&P 500 Fall Ahead Of Powell Renomination; Morgan...
The Bureau of Labor Statistics’ (BLS) December jobs report, released January 7, provides some good news for the state of the nation’s economic recovery, yet the...
Investors are eagerly awaiting news of Fed Chief Jerome Powell's renomination. The post Stock Market Today: Dow Jones, S&P 500 Fall Ahead Of Powell Renomination; Morgan...
Disrupted supply chains, lower participation rates in the labour market, supply and demand thrown out of kilter. These are among the critical factors that have brought...
Watch Live: Powell Positions Himself As Populist Crusader In Senate Confirmation Hearing Jay Powell's big day has finally arrived. After being officially nominated for a second...
Daily take-up at the overnight reverse repo (ON RRP) facility increased from less than $1 billion in early March 2021 to just under $2 trillion on...
Economists expect that US consumer inflation will continue to tick higher in tomorrow’s December report (scheduled for Wed., Jan. 12). Meanwhile, the Federal Reserve continues to...
Fed Vice Chair Clarida Abandons Ship Two Weeks Early Less than a week after the outgoing Fed vice-chair was publicly exposed for some suspicious trades surrounding...
According to CoreLogic's Frank Nothaft, next year should be a strong year for housing. Here are his 5 predictions for the 2022 housing market. The post...
The Nasdaq Composite is now down about 8.0% since the start of the year on fears of inflation and rate hikes, but Ally Invest’s Lindsey Bell...
Key Events In The "Massive Week Ahead" After a relatively quiet start to the year on the economic event front, if not in markets where last...
In a series of four posts, we review key elements of the Federal Reserve’s monetary policy implementation framework. The framework has changed markedly in the last...
Equities held their ground in December despite being faced with two factors that could have led to sharp falls: The resurgence of Covid infections and US...
"Speculative" is a word that aptly sums up the year 2021. The question that remains, however, is whether we have seen the peak in that speculative...
Policymakers may need to react by pulling multiple policy levers, depending on Fed actions and their own challenges at home.
Prediction Consensus: What The Experts See Coming In 2022 Even at the best of times, it’s human nature to want to decode the future. During times...
Monetary policy can have a meaningful impact on inequality, as recent theoretical and empirical studies suggest. In light of this, how should policy be conducted? And...
How does accounting for households’ heterogeneity—and in particular inequality in income and wealth—change our approach to macroeconomics? What are the effects of monetary and fiscal policy...
The US 10-year Treasury yield rose to a nine-month high on Thursday (Jan. 6), which may be a prelude to setting a new pandemic high in...