Well, I suppose this was inevitable. With yields, gold, and the dollar all having priced in a Cat. 5 landfall from Irma and another ICBM launch from North Korea headed into the wee...
NFL season is now upon us. So far Kansas City Chiefs have recorded a shock defeat of the defending Super Bowl LI champion New England Patriots 42–27 in the NFL Kickoff Game. To m...
In a blog post in February of last year I explained that an inversion of the US yield curve has never been a recession signal. Instead, the genuine recession signal has always be...
The S&P opened Friday at its intraday low, hit its high within a couple of hours, and remained mostly flat for the remainder of the day. The index closed the day with a 0.15...
Asian stock indices are higher today as Japanese and Hong Kong shares show gains. The Nikkei 225 is up 1.38%, while the Hang Seng is up 0.92%. The Shanghai Composite is tradin...
It’s about time that I share with you all a little secret. The situation in the markets is much worse than you realize. While that may sound like someone who has been crying “w...
In July of this year S&P Dow Jones Indices and MSCI announced they were considering making changes to the current GICS Telecommunications Sector. Any changes would be announc...
In a move that stunned China currency watchers, late on Friday (local time) Bloomberg reported that China’s central bank decided that it would remove a reserve requirement fo...
The “no apocalypse” relief trade is in full effect now. Having manifested itself early in a dollar rebound and yen weakness, things are getting underway in earnest and the ris...
Shutterstock Consumer spending is an important part of the economic forecast, though not the whole story. To predict future spending, I look at consumer incomes, pent-up demand, in...