It’s becoming more difficult to shake the feeling that something bad is about to happen to the US economy, markets or, quite possibly, both. “We
Day: January 14, 2022
Is A Triple Recession Imminent?
“The best consumer news is behind us,” BofA’s Michael Hartnett wrote, in the latest edition of the bank’s popular weekly “Flow Show” series. Less than
Inflation Kneecaps Sentiment As Faith In Policies Crumbles
Consumer sentiment deteriorated in early January as inflation worries proliferated and Omicron cases surged. The preliminary read on University of Michigan’s gauge for this month
Nightmare Before Christmas: US Retail Sales Plunged In December
Suddenly, the American consumer looks tired. Retail sales dropped in December by the most in 10 months, key data out Friday showed. The 1.9% decline
JPMorgan Results Underwhelm Amid Epic Bank Rally
US banks came into earnings season on a sugar high, catalyzed by higher yields and expectations for Fed hikes. The KBW Bank Index was up
