Market Overview

Companies aren’t so worried that they’re letting a lot of people go, but they’re also not so confident that they’re hiring a lot of people. This post, an excerpt from my new Bloomberg Opinion piece,...

The Bureau of Economic Analysis (BEA) recently released its second-quarter GDP report for 2024, showcasing a 2.96% growth rate. This number has sparked discussions among investors and analysts,...

The CPI report came in hotter than expected for the headline and core CPI metrics. CPI swap pricing did a good job of predicting the headline inflation rate. As a result, yesterday’s report has led...

First, a review: last month, August’s report missed higher. But the miss was mostly due to the quirky jump in Owners’ Equivalent Rent. Outside of that, CPI had been okay – not great, but moving in...

Economic output for the US remains on track to increase at a robust pace in the government’s upcoming third quarter GDP report scheduled for Oct. 30, based on the median nowcast via several sources...

The highly anticipated U.S. September CPI report comes out tomorrow. Headline annual inflation is seen rising by 2.3% and core CPI is forecast to increase by 3.2%. Investors should brace for...

There are several reasons for downplaying the recent recession warnings. Last week’s dramatically stronger-than-expected rise in September payrolls is one. The revival of US money supply growth in...

Through the years, I have attempted to explain to those reading my missives that believing that any entity has control over the market is absolutely absurd. And, no matter how many empirical examples...

Investors will be laser-focused on inflation and the kickoff of third-quarter earnings in the week ahead. The release of October's Consumer Price Index (CPI) report takes center stage, providing...

On September 18, 2024, the headlines read the Fed cut the Fed Funds rate by 50 basis points. At first blush, one would think that a trader with a crystal ball a couple of days before the Fed action...

Despite challenges from a strong currency, Switzerland's economy remains strong, with significant industrial growth driven by specialized sectors. This resilience contrasts with stagnation seen in...

Will tomorrow's non-farm payrolls report beat, sending stocks and the US dollar higher or will it disappoint? Let's take a look at what the signal is from the other labor market indicators because...

Last Thursday on September 26, the Bureau of Economic Analysis (BEA) released several very significant upward revisions to real Gross Domestic Product (GDP), real Gross Domestic Income (GDI),...

Iran Attacks Israel, How War Affects Markets. How Is This Different From the April Attack?