Late Tuesday night, Moody’s downgraded NYCB’s credit rating to BB, putting it in junk...
China Stocks In Freefall, Government To The Rescue
In early 2021, China’s CSI 300 Index, representing the top 300 stocks traded on the Shanghai...
CRE Contagion – Which Banks Are At Risk?
The price of New York Community Bank (NYCB) was cut in half last week as it drastically increased...
The Labor Market Is On Fire
The BLS stunned investors Friday morning, reporting that the labor market was hotter than expected....
The Banking Crisis May Not Be Over
Interestingly, the Fed removed the following statement from Wednesday’d FOMC statement:...
The Taylor Swift Gold Rush
“Call it a gold rush” started a Washington Post article, The Economy (Taylor’s...
The Treasury Has Plenty Of Flexibility, Despite The Warnings
Bond bears have warned that the Treasury will overwhelm the market with debt, pushing yields much...
The ASA Staffing Index
We believe that the clearest sign of a coming recession is weakness in the labor markets. Thus far,...
As Goes Rent Goes Inflation
On a few occasions, we have shared data on the differences between real-time rent inflation versus...
Is Another Price Wage Spiral Like The 1970s Likely?
We recently published Part Two of a series comparing inflation in the 1970s to today. Part Two...
