Pressure Builds On China To Open Easing Floodgates Further Authored by Simon White, Bloomberg macro strategist, Stimulus in China is not...
The Biden administration wants you to think everything is hunky dory. We’re not only seeing record-low unemployment, but also incredible wage growth....
The spreads between the 30-year mortgage rate and the 10-year yield keep getting wider. Will the labor data push mortgage rates to 8%?
This summer, Connecticut, Nevada, Oregon, and Washington D.C. will raise their minimum wages, boosting pay for 765,000 workers who will collectively gain...
- by New Deal democratInitial claims dropped -26,000 last week to 239,000, the top of their former range this spring. The more important 4 week moving...
In this episode of EconTalk, Russ Roberts hosts Robert Hall, a professor of economics and fellow at Stanford University’s Hoover Institution. Roberts...
China's Economy Is Faltering Authored by Terri Wu via The Epoch Times (emphasis ours), With graduation less than a month away, many college...
Between March 2022 and March 2023, the Fed raised the federal funds target rate by 475 basis points or 4.75%. ... Read more
As the month and quarter wind down, inflation readings are featured. The US May PCE deflator, which is the targeted measure is reported. Canada and Australia...
For weekend reading, Bryan Perry, Senior Director with Navellier Private Client Group, offers the following commentary: A few indicators are taking shape...
From the Philly Fed: The Federal Reserve Bank of Philadelphia has released the coincident indexes for the 50 states for May 2023. Over the past three...
Even after dropping off from the highs they’d seen earlier in 2022, gas prices were still causing consumers pain at ... Read more
What came first, the chicken or the egg? This classic cause-and-effect problem also applies to economic questions—for instance, does a ... Read more
Over the course of the last twelve months, we have warned investors off consumer discretionary stocks, consistent with the positioning of our domestic...
Ben Bernanke and Olivier Blanchard recently published “What caused the US pandemic-era inflation?” The paper creates a basic model for inflation that is fit to data,...
Check fraud is one of history’s oldest financial crimes and criminals are finding new ways to use it to steal billions from banks.
A final burst of ‘revenge travel’ may help support DENN stock After a three-day Juneteenth weekend that saw U.S. travelers ... Read more
Negative Equity Surges: More Consumers Find Themselves In Underwater Auto Loans Millions of Americans who took out loans to purchase overpriced...
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...
China Planning "Major Steps" To Revive Sinking Economy As Market Skepticism Soars Just days after we discussed how the market has gotten so...
For many Americans, a healthy diet of fruits, vegetables and whole grains is beyond their reach.
- by New Deal democratThere’s a blizzard of data this morning. I’ll report on retail sales and Industrial production later.But let’s start with...
Federal Agencies Admit To $3 Trillion In Improper Payments Since 2004 By Adam Andrzejewski from OpenTheBooks on Substack OpenTheBooks.com...
Skip-Go? By Stefan Koopman, Senior Macro Strategist at Rabobank Even as the inflation crisis appears to be ebbing, markets remain highly...
10% Of $4.2 Trillion US COVID Relief Was Lost To Fraud, Waste: Report Authored by Ryan Morgan via The Epoch Times (emphasis ours), As much...
Australian consumer-facing companies have faced unprecedented challenges and undergone significant transformation since the bushfires of 2019. From the...
Persistently high levels of unemployment have emerged to become a key policy challenge in Nigeria. Between 2010 and 2018, the unemployment rate rose from...
Note: this is an unedited draft from my inflation primer manuscript. It is relatively lightweight, partly because I want to avoid getting too deep into controversial...
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...
Key Events This Very Busy Week: CPI Tomorrow And Central Banks Galore After a very quiet week for markets and newsflow, this week steps up...