Short covering has stopped. Over the last couple of days, markets have meandered as investors...
UK CPI Threatens the “Peak CPI” Narrative
Stock markets have been on fire since the last round of inflation data which showed inflation was...
A Housing Recession Is Upon Us
Recent housing data further confirms that the “Great Reopening” housing boom is...
Empire State Index Posts Sharp Drop
Regional manufacturing indexes tend to correlate strongly with economic activity. More importantly,...
Mary Daly Warns The Fed Has Work To Do
San Francisco Fed President Mary Daly has some hawkish comments in a Financial Times interview...
Bull or Bear, Place Your Bets
Sam Goldfarb of the Wall Street Journal adds to the debate the bulls and bears are having about the...
Inflation Relief, At Last!
Finally, the BLS CPI report provided a bit of relief on the inflation front. Relief was immediately...
Yield Curves and The Alarm They Are About to Trigger
Bond traders and economists pay close attention to various yield curves as they are good...
NVDA Pre-announces Disappointing Earnings
NVIDIA (NVDA) and other chip makers are warning that chip sales are falling below expectations. As...
NBER Recession Odds Fade With Strong Jobs Report
The economy added 528k jobs in July, almost 300k more than expected. With the much...