The Euro$ curve inversion of 2018 wasn’t an isolated case by any means. Along with all the other “bond market” stuff, these together had been a...
Marco Del Negro is the director of the Federal Reserve Bank of New York’s new research center, AMEC, which stands for the Applied Macroeconomics and Econometrics...
The euro has started the week quietly and is trading just below the 1.13 level. German Factory Orders slide It wasn’t a great way to begin...
Will The Fed Break The Economy (Again)? Authored by Steven Van Metre via The Epoch Times, Last week, the Fed was handed an unexpected gift as...
The EUR/USD is moving sideways as the market reflect on the latest US non-farm payrolls (NFP) data and the hawkish statement by Jerome Powell. The pair...
The Dow Jones, the S&P 500, and the Nasdaq weakened on a weekly basis as investors still face uncertainty about how contagious the new Omicron coronavirus...
By Peter Rupert The BLS establishment data released this morning showed a payroll employment gain of 210,000. This from the WSJ before the announcement, “Economists surveyed...
Goldman: Are We Starting To See What The "New Normal" Looks Like? By Goldman strategist Chris Hussey New Normal? US stocks traded sharply lower Friday, and...
The rise in the index of aggregate hours would be equivalent to more than 630,000 jobs with no changes in workweeks. The post Unemployment Falls to...
Who's Hiring And Who's Firing In November: More Head-Scratchers As discussed extensively earlier, there were some pretty striking disconnects in today's jobs report: while the headline...
Omicron and central banks to dominate The past week has been dominated by Omicron news as we all try to piece together the limited information we...
November Payrolls Huge Miss: Just 210K Jobs Added, But Unemployment Rate Tumbles With the median Wall Street economist expectation of a 550K print, just slightly above...
The Reason Behind Today's Massive Payrolls Miss: A Huge Seasonal Adjustment Flaw In recent months, the BLS itself admitted that it has a big problem in...
Futures Flat Ahead Of Taper Accelerating Payrolls U.S. equity futures are flat, rebounding from an overnight slide following news that 5 "mild" Omicron cases were found...
Solid US job numbers expected With the Omicron Covid variant and the Jerome Powell grabbing this week’s headlines, US nonfarm payrolls has become an afterthought for...
The USD/CAD held steady on Friday morning as the market waited for the latest US and Canada jobs data. The pair also rose after the latest...
The GBP/USD has been under pressure for the second straight week as investors price in a bigger divergence between the Federal Reserve and Bank of England...
Futures Rebound Fizzles On Slowing iPhone Demand, Omicron Fears U.S. index futures regained some ground alongside Asian markets while European stocks slumped to session lows in...
I'm working madly to finish The Fiscal Theory of the Price Level. This is a draft of Chapter 21, on how to think about today's emerging...
Watch Live: Powell, Yellen Return To Capitol Hill For 2nd Day Of CARES Act Testimony Newly re-nominated Fed Chairman Jerome Powell surprised markets on Tuesday when...
Even before large losses at the end of last week, it already seemed fairly unlikely that the cartel would significantly boost production. With most members seemingly...
There’s a lot of discussion regarding the negative impact of inflation on consumer sentiment. That’s definitely there – but unemployment also has a negative impact. And...
What Is a Recession in Simple Terms?Just as corporations experience general phases of growth and contraction, known in sum as their business cycle, the economy also...
Powell, Yellen Weigh In On Omicron, Debt Ceiling During Senate CARES Act Testimony With the new year just weeks away, Treasury Secretary Janet Yellen and Fed...
Watch Live: Powell, Yellen Weigh In On Omicron, Debt Ceiling During Senate CARES Act Testimony With the new year just weeks away, Treasury Secretary Janet Yellen...
Markets rebound from omicron panic The buy-the-dip mafia was out in force yesterday, with a fair bit Friday’s Wall Street and European equity sell-off unwound, as...
Fed Chair Powell Swings Dovish, Blames Omicron Uncertainty The Omicron variant turns out to be all things to all market participants. Buy the vaccine makers (because...
The new covid variant and quick imposition of travel restrictions on several countries in southern Africa have injected a new dynamic into the mix. It may...
Investors concerned about new Covid variant For months now the main topic of conversation in the markets has been inflation. Is there too much of it,...
Britain’s economic system is built on inequality. Few governments have attempted to rectify this.