- by New Deal democratWith the report on September inflation yesterday, we can update two measures of how well average American workers are doing:...
China inflation dips to 0.0% Australian dollar sinks after US inflation and employment data The Australian dollar is unchanged on Friday, trading at 0.6312....
* Scalise withdraws from Speaker race, leaving House in limbo * Would wider war in Middle East tip world economy into recession? * Oil prices jump...
Ikea Plans Worldwide Price Cuts After Warning: "Time To Buckle Up" The world's largest furniture retailer plans to cut the prices of sofas,...
As the "soft landing" narrative grows, the risk of a "crisis" event in the economy increases. Will the Fed trigger another crisis event? While unknown,...
The company delivered a stern message to workers regarding their latest decision.
Some notes this week:Growth stocks are acting as a defense move again, especially given that the Fed remains on the fence about interest rate. Small caps...
What To Do About Bonds When Inflation Is Elevated Authored by Simon White, Bloomberg macro strategist, Real assets – commodities, gold...
Yesterday I reviewed numbers that show that the 2023 advance in the S&P 500 Index continues to post a high return when set against historical calendar-year...
Stocks Need More Than Just Lower Bond Yields By Michael Msika and Jan-Patrick Barnert, Bloomberg Markets Live reporters and strategists European...
All US stock indices rose on October 11, as traders awaited consumer price index data to be released on the 12th. October 11, 2023US...
Striking UAW workers rejected General Motors' latest record offer.
Rickards: The 2024 Election Is Being Decided Now Authored by James Rickards via Daily Reckoning, Today, with so much going on in the world,...
Before we begin, just a note to mention that TLT took out the fast MA featured in the October 10th daily, while SPY underperformed. If that...
"Pull It!!" Authored by Jim Quinn via The Burning Platform blog, “The illusion of freedom will continue as long as it’s profitable to...
The US dollar pared losses after a hot PPI report but still settled lower as Wall Street focused on the latest Fed speak that had two...
- by New Deal democratMy strong suspicion has been that the tailwind of declining commodity prices, typified by the big decline in gas prices in late...
'It Ain't Gucci': LVMH Shares Tumble As Luxury Bubble Unravels We asked in May Did Europe's Luxury Bubble Just Burst? By June, we pointed...
How Socialist-Agitating Helped Tank Mack-UAW Deal By Alan Adler of FreightWaves How did the biggest contract offer Mack Trucks ever tendered...
Overview: Broadly speaking, the dollar's recent pullback was extended today but the momentum appears to be slowing, perhaps ahead of tomorrow's US CPI...
On October 5, 2023, Treasury Secretary Janet Yellen made a very telling statement about the future course of interest rates. YELLEN SAYS DEBT SERVICE...
The next direction of the long bonds is crucial in determining the macro.First, after a wrecking ball crash and ahead of the FOMC, we could surmise...
First Rolexes, Then Diamonds, Now Consumers Revolt Against Mercedes S-Class As Luxury Bust Worsens Ryan Preclaw, head of research investment...
Peter Schiff: The US Can't Afford Peace, Much Less War Via SchiffGold.com, War broke out in the Middle East over the weekend after Hamas...
Bond Valuations Are Cheap Authored by Lance Roberts via RealInvestmentAdvice.com, Bond valuations are cheap. Psychology in markets is always...
China Considers Stimulus, Higher Deficit Spending To Counter Property Bust Wall Street analysts have recently cut China's 2023 and 2024...
Bond valuations are cheap. Psychology in markets is always fascinating. In February 2009, I wrote "8 Reasons For A Bull Market." While in hindsight,...
For consistency, here are the key go-tos during an uncertain time in the market:The next direction of long bonds (TLT).The next direction of the small...
One thing I repeatedly talk about is ignoring the talking heads and following the charts. If I had to provide a chart as the "poster child"...
When I want to know what the crazies are thinking, I go to zerohedge. On the BLS employment situation release, I saw zerohedge [1] asserting that...