With Impeachment Over, Democrats Forge Ahead On $1.9 Trillion Stimulus With yet another failed impeachment conviction under their belts, House Democrats have refocused their efforts, and...
Florida, California Took Opposite Approaches To COVID... With Virtually Same Result How is it that California enacted draconian COVID lockdown measures, yet had nearly identical results...
Discussing stimulus, a colleague passed along a factoid -- wages and salaries, he said, are running $20 billion a month or $240 billion a year below...
The Russian ruble weakened against its US peer on Tuesday as higher producer prices and weaker industrial production weighed on the currency. The ruble has recorded modest gains against the greenback, driven by rising energy...
1.25% 10Y Yields: Now What? By Ian Lyngen of BMO Capital Markets 10-year yields broke through 1.25% during the overnight session on what can best be...
Powell Is Wrong. More Stimulus Won't Create Employment Authored by Lance Roberts via RealInvestmentAdvice.com, As discussed in Friday’s #Macroview, stimulus, mainly when it comes from debt, does...
Will The Biden Stimulus Be Too Big Or Too Small: Here's What Wall Street Thinks With every passing day, expectations rise that Biden's fiscal stimulus will...
The Coming High-Pressure Economy - After hunkering down for much of 2020, people are eager to make up for lost..
How Long Before The Fed Tries To Manipulate Long-Term Rates Lower? Authored by Mike Shedlock via MishTalk, The Fed pledged to hold interest rates low for...
As discussed in Friday's #Macroview, stimulus, mainly when it comes from debt, does not create organic economic growth. In the second part of this analysis, we...
What Sort Of Inflation Is "Troubling" To The Fed? The Fed seems to be raising the bar for what constitutes ‘troubling’ inflation, and as Standard Chartered's...
Why Stimulus Doesn't Lead To Organic Growth Authored by Lance Roberts via RealInvestmentAdvice.com, There is a growing consensus in Washington the only way to fix the...
Lockdowns Have Devastated The Global Poor Authored by Ethan Yang via The American Institute for Economic Research, In North America and Europe, it has become abundantly...
Minutes and PMIs eyed Investors are growing increasingly hopeful about the economic outlook and next week’s PMIs will tell us whether businesses share their optimism. Central...
Mario Draghi Officially Becomes Premier Of Italy, Names His Top Ministers Update (3:00pm ET): As expected (see below), Mario Draghi has agreed to take over as...
Everyone is waiting for the third round of stimulus checks, but as of now, there is no clear timeline for it. House Speaker Nancy Pelosi, however,...
The Turkish Lira flatlined against its US peer to finish the trading week as disappointing economic data put the brakes on the currency’s rally. But the lira is still poised for a weekly boost against the greenback,...
Italian Bond Yields Hit Record Low With Draghi Set To Become New PM As Soon As Today With almost all political parties behind him, Mario Draghi...
Britain’s crippled economy suffered its biggest crash in economic output in 311 years after it slumped by 9.9%
There is a growing consensus in Washington the only way to fix the worst economic downturn in more than 70 years is by giving out more...
House Panel Advances Stimulus: Approves $1,400 Payments, Personal Tax Credits, Loans For Insolvent Pensions On Thursday we noted that the biggest winners from the upcoming $1.9...
For Restaurants, The Stimulus Effect Starts Wearing Off By Jonathan Maze of Restaurant Business, January started off remarkably strong for many restaurant chains, largely for one...
Another 1.1 million people applied for unemployment insurance (UI) benefits last week, including 793,000 people who applied for regular state UI and 335,000 who applied for...
In the US, reflation on the back of fiscal stimulus and the exit from lockdowns should lead to modestly higher inflation expectations and nominal bond yields....
- by New Deal democratSome - very relative - good news in unemployment claims this week. It looks like the recent increase in new claims has...
The US dollar added to its weekly decline on Thursday after initial jobless claims came in higher than market forecasts. With nearly 800,000 people applying for unemployment benefits, the American labor market...
Number Of Americans On Jobless Benefits Surges Back Above 20 Million After surging from early December to mid-January, the number of Americans filing for first time...
The coronavirus crisis worsens the situation for banks after a complicated decade due to central bank policies and other crises.
The euro is unchanged in the Thursday session. Currently, EUR/USD is trading at 1.2123, up 0.04% on the day. Euro The euro fell below the symbolic...
15 Hedge Fund Managers Made $23 Billion In 2020 Some time in late 2020, a sellside analyst penned the term "K-shaped recovery" meant to describe a...