Jim Bullard wants to “nip inflation in the bud before it gets entrenched in the economy.” A good start would’ve been ending QE around this
Day: June 24, 2022
America Has An Existential Credibility Problem
The Supreme Court overturned Roe v. Wade on Friday, exacerbating a national firestorm and deepening what I think it’s fair to call an existential societal
Kolanovic Says Stocks May Soar 7% Next Week
Could rebalancing flows help US stocks log their largest weekly gain since November of 2020? Maybe, according to JPMorgan’s Marko Kolanovic, who, on Friday, noted
New Home Sales Jump As Average Prices Drop Third Most Ever
Reports of the housing bubble’s demise were greatly exaggerated. Or at least that’s what a simplistic reading of new home sales data, out Friday, suggested.
Hard Landing Panic Has Markets Rethinking Central Bank Bets
Central banks have succeeded. In engineering a recession scare. Rate hike bets were trimmed again on Friday, at the end of a week that found
