“It took this long, now we learned how to govern.” Said Kevin McCarthy, in a
Year: 2023
Point Of Pride
The West tried to give Xi Jinping the vaccines he needed to help protect 1.4
Bad Service!
The US labor market is still hanging tough, according to this week’s slate of top-tier
Crucial US Jobs Report Is Goldilocks With Asterisk
The US economy added 223,000 jobs in December, the government said Friday. That was ahead
Europe’s Caveat-Laden Inflation Drop Eyed Warily
Allahu Akbar! Inflation in Europe receded more than expected in December, data out Friday showed.
The Fed ‘Will Love Me Even If I Don’t Listen’
“I’ll be over 5% and I see staying there for some time,” Esther George told
US Jobs Market Refuses To Surrender
Thursday brought more robust jobs data out of the US economy, underscoring the Fed’s uphill
Bring Back Bezos
In late April of last year, while unveiling Q1 results, Amazon foreshadowed an overcapacity problem
Fed Offers Rare Rebuke Of Market Rally In Meeting Minutes
Those of you old enough to remember three weeks ago will recall that Jerome Powell
Yield Curve Godfather Says This Time May Be Different
“Ask the yield curve” is a common reply when it comes to questions about whether
Crucial US Labor Market Data Shows No Rebalancing Progress
There were 10.458 million job openings across the US economy on the last business day
Worst-Case Conjuncture With A Silver Lining
If you wanted to, you could describe Wednesday’s key data out of the world’s largest
Trumpism Achieves Its Independence In McCarthy Drama
“Bullsh-t.” Maybe she shouted it, maybe not, but one way or another, Lauren Boebert didn’t
Knock On Wood
The earliest price action of 2023 in US equities found two growth heavyweights under pressure,
The Growth Stock Bubble Finally Burst
It’s no secret that 2022 was a veritable disaster for growth stocks. Scores of investors
Recompense
At this rate, the Weimar jokes may be out of fashion by the end of
2023 Orientation Day
The first work day of the new year began with a deluge of notes and
Burning Questions
Nothing says “pile into stocks” like piles of corpses. Don’t blame me for the macabre
Lost Down There
I’m supposed to care about Tesla deliveries, and you are too. There was a time
When Bad Counts As Optimistic
What’s worth highlighting when nothing’s worth highlighting? That’s a question I grapple with during long
If 2023 Brings A US Recession, Don’t Expect Congress To Help
I thought this was obvious, but apparently not: The prospects of fiscal measures to bolster
No, Michael Burry Didn’t Say The US Is In A Recession
Michael Burry kicked off the new year with a prediction. “Inflation peaked. But it is
New Year’s Resolutions
Vladimir Putin sent dozens of Iranian drones into Ukraine on New Year’s Eve and into
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