No, I’m not referring to the stock market even though the S&P 500 Index rose to another all-time high yesterday,... read more →
For quite some time now, Chinese economic activity has been disappointing, slowing to its worst growth rate in 2 years.... read more →
Yesterday, the Federal Reserve decided to launch the latest monetary easing cycle by going big with a half point cut... read more →
Conventional wisdom would suggest that Fed easing cycles should be bullish for bonds, given the basic relationship according to which... read more →
Over the past two days, we got the latest read on inflation with the release of the August Consumer Price... read more →
The August payroll release this morning showed a gain of 142k jobs for the month while the unemployment rate moved... read more →
The so-called Sahm rule, created by economist Claudia Sahm, is a recession indicator based on the unemployment rate. The indicator... read more →
As we wait, and the anticipation builds, for the Fed to lay the groundwork for a new easing cycle the... read more →
A sense of calm has continued to settle over markets after the eruption of volatility a couple of weeks ago. ... read more →
The latest inflation data came out yesterday and today. Producer Price Index (PPI) for final demand moved lower to 2.2%... read more →