The Fed pays a lot of attention to financial stability or market functioning, and they will take...
Financial Instability- Junk Bond Spreads Perking Up
The Fed pays a lot of attention to financial stability or market functioning, and they will take...
Consumers Are Struggling
Another day and another stern warning that consumers are struggling. Below we provide details on...
Walmart Slumps As Inflation Takes Its Toll
Walmart posted earnings per share of $1.30, much weaker than expectations for $1.48. While the...
Empire State Survey Warns of Economic Contraction
The May New York Fed Empire State Manufacturing Survey fell sharply into economic contraction...
Strong Finish to a Volatile Week for Stocks
The S&P 500 capped off last week on a positive note with a rally to close above 4000. The index...
PPI and CPI: Are They Peaking?
Producer prices (PPI) for April met expectations rising .5%. While .5% is a big monthly increase,...
Bill Dudley Bashes The Fed
Ex-New York Fed President Bill Dudley seems to have it out for the Fed. Despite spending a decade...
Investor Sentiment Is Horrendous- Is That A Bullish Sign?
Often markets bottom when investor sentiment is poor and peak when it’s high. As they say,...
Fear is Driving Yields Higher, Not Inflation
Fear, not inflation, is driving bond yields higher despite popular beliefs. The graph below shows...