US This will be a busy week in the US with a looming government shutdown, an expanding UAW strike, a lot of Fed speak, and an...
Overview: The dollar's surge stalled yesterday, and follow-through selling has pressed it lower against all the G10 currencies today. The dollar-bloc...
Here Is What Stops, And What Doesn't, When The Government Shuts Down This Weekend Last week we laid out what the economic consequences of...
Back in March 2022, Toby Roberts advocated for a dollar cost averaging approach to investing. Considering that The Montgomery Small Companies Fund has...
German inflation falls sharply US GDP expands 2.1%, unemployment claims tick higher The euro continues to show volatility. EUR/USD has jumped 0.53% on...
Has macroeconomics progressed over the past 100 years, or are we merely treading water? There are good arguments for both sides. Before considering macroeconomics,...
German HICP inflation declined sharply in September Italian-German 10-year yield spread tested 200 bps Dollar profit-taking begins after softer personal...
Old Habits... By Elwin de Groot, head of macro strategy at Rabobank Old Habits... … die hard, as the saying goes. And central bankers...
Poverty in the U.S. is a choice directly reflecting federal, state, and local policies. The expansion of safety net programs in response to the pandemic-driven...
Futures Flat As Yields Extend Gains After Brent Crude Hits $97 Overnight US equity futures reversed initial gains following Wednesday's surprise...
A perfect storm may be brewing for the bond market as a combination of factors drive yields higher. Exhibit A is the benchmark 10-year Treasury yield,...
- by New Deal democratInitial jobless claims rose 2,000 last week to 211,000. The 4 week moving average declined -6,250 to 211,000. With a one week...
A scholar of national service programs points out that the government hasn’t spelled out what this one will cost, what its participants will earn or...
Overview: The increasingly likely partial US federal government shutdown has spurred a bout of liquidation of long dollar positions. The psychologically...
The Great Demoralization Commentary by Jeffrey A. Tucker via The Epoch Times (emphasis ours), On March 6, 2020, the mayor of Austin, Texas,...
The Issue: For the first time ever in March of 2023, the share of Black Americans employed was greater than the percentage of white Americans with...
Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Thursday: • At 8:30 AM ET, The initial weekly unemployment claims report will be...
Credit Card Losses Are Surging At The Fastest Pace Since The Global Financial Crisis One month ago we warned that the toxic cocktail of Volcker-esque...
A perennial challenge with China’s growth model has been overly high investment spending relative to GDP and unusually low consumer spending, something...
60% Of US Population Growth Since The Pandemic Is Age 65+ Authored by Mike Shedlock via MishTalk.com, Here are some interesting demographic...
Sidney Homer's Odyssey By Michael Every of Rabobank Bonds were battered again yesterday, the US 10-year closing up 10bps at 4.53%, a new...
Amid the challenges China’s property market faces, which we described in the first part of this two-part series, the sector remains in need of further...
Key Events This Week: GDP Revised Lower; PCE And Durables On Deck This week one of the main highlights will take markets through what DB's...
FOCUS ON: Eurozone inflation report prepares to offer a signal to the markets. Reports this week focus on the underlying condition of the... Read More... The...
Reader Steven Kopits, who as recently as a couple weeks ago argued strenuously that a recession occurred in 2022H1, writes of the Economic Policy Uncertainty...
Over the past few years, consumer sentiment has increasingly run far below the level predicted by models based on economic data. The Economist illustrates...
The retailers' plans should lead to a happy holiday season for more people.
The key reports this week are August New Home sales, the third estimate of Q2 GDP, Personal Income and Outlays for August, and Case-Shiller house prices...
The most important outcome of the last week's flurry of central bank meetings was the median forecast of Fed officials for 50 bp less in cuts...
Governments Start Calling For Price Controls, Rationing & CBDCs Come Next Authored by Brandon Smith via Alt-Market.us, Last month in...