The S&P 500 just flashed a death cross. A death cross is a bearish technical warning which...
Consumer Sentiment Survey Worsens Driving Recession Concerns
Not surprisingly, the University of Michigan Consumer Sentiment Survey fell again. The index hit...
Inflation Rate Rises to 40 Year Highs
The CPI year-over-year inflation rate, propelled by rising gas and used car prices, rose to 7.9%,...
OPEC to the Rescue
Stocks rallied on Wednesday as the Financial Times reported that the UAE will call upon OPEC to...
Gold and Nickel- The Latest Commodities to Surge
Gold was up $80 an ounce at its peak yesterday, and nickel prices catapulted higher, shown below,...
QE Is Dead, Long Live QE
The Fed will officially end the latest round of QE on Wednesday. The schedule below shows that on...
Wheat Prices Further Stoke Inflation Concerns
While the media and public heavily focus on surging oil prices, wheat and other grain futures...
BLS Employment Report This Morning
The BLS will release February’s employment report at 8:30 ET this morning. Current...
Oil Soars, Powell Speaks, and Stocks Rebound
Stocks rebounded despite a somewhat hawkish Congressional testimony by Powell and soaring crude oil...
Invasion and Inflation- The Fed is Cornered
Chairman Powell will testify to Congress today and tomorrow and is likely to face many questions on...