Standing-Room Only
To say it’ll be a busy week for fundamentals-focused traders and investors would be to understate the case. The US data and earnings docket is
To say it’ll be a busy week for fundamentals-focused traders and investors would be to understate the case. The US data and earnings docket is
Jerome Powell’s birthday is coming up. Upon ascending the Fed chairmanship in 2018, Powell was 65. He’ll be 93 in February. Or at least that’s
“A politically disruptive standoff is likely later this year,” Goldman’s David Kostin said, citing the bank’s economists while editorializing around the potential market ramifications of
Notwithstanding the “outsider” shtick favored by right-wing populists in Washington and, on the other side of the political spectrum, progressives’ penchant for waving the “everyday
The Nasdaq 100 is on track for a double-digit monthly gain, Tesla rose more than 30% in a single week and Cathie Wood’s flagship fund
On Thursday, I characterized mainstream financial media coverage of the Gautam Adani “fraud” allegations as akin to click-bait. And make no mistake: That’s an accurate
Real personal spending in the US fell three times more than expected last month, data out Friday showed. The figures, released as they were a
“Soft landing” or “hard landing”? The plane metaphors are a bit grating by now. As I put it last week, ubiquity is conducive to clichés,
A Commentary by Harley Bassman (Twitter: @ConvexityMaven) On March 16, 2021, I offered that “it may not be a coincidence that when financial markets implode,
Americans bought 644,000 new homes last year, the government said Thursday. That was the fewest since 2018. The 16.5% drop counted as the largest annual
The US economy grew more briskly than expected in the final three months of 2022, according to the first read on Q4 GDP. The 2.9%
It hasn’t been a “quiet” week, per se. But it’s been one of those weeks when the news flow was sparse enough that mainstream financial
Add IBM to the ranks of US tech behemoths cutting jobs. The company will give nearly 4,000 people the big blues in the near future,
One of the more remarkable anomalies in a year full of them was the persistent disconnect in 2022 between benchmark US yields and inflation outcomes.
“If economic developments evolve broadly in line with the outlook, Governing Council expects to hold the policy rate at its current level while it assesses