Oddly enough, US consumers are trepidatious again. Confidence among American households deteriorated in December, according
Author: therealheisenberg
Musk Takes A Shot At The Fed
On December 4, Jerome Powell sat for a fireside-style chat with Andrew Ross Sorkin for
Time To Get Defensive?
Goldman likes defensives. Wait, let me back up and be more specific. A model Goldman
Joy To The World
Plainly, this’ll be a slow week for the macro-market crowd. It’s Christmas, which means the
Exceptional. But Read The Fine Print
If the American exceptionalism narrative vis-à-vis markets feels exhausted — ad nauseam — to you, you’re
Risk-Loving Fund Managers May Be Contrarian ‘Sell’ Signal
If a pullback in US stocks is imminent, don’t say you weren’t warned. In contrarian
$18 Trillion Gap Masks ‘Stealth’ Stock Correction
There’s a “stealth correction” afoot in the equity market. What? You didn’t notice? Well, that’s
Nascent Angst
There’s a lot to be concerned about all of a sudden, even if Friday’s session
US Inflation Promptly Undershoots After Fed Raises Forecast
In a fortuitous — if ironic — development for a panel of technocrats who just
The $6.75 Trillion Question
It’s been a helluva year for money market funds. With just just seven business days
President Musk
“Vice President Trump” was briefly trending on “X” Thursday, which is… well, funny, for one
US Home Sales Thaw As Buyers Accept ‘New Normal’
Homebuyers in America are “get[ting] used to a new normal,” NAR Chief Economist Lawrence Yun
US Economy Surprises Again As Jobless Claims Drop, GDP Revised Up
A two-week jump in initial US jobless claims in and around the Thanksgiving holiday was
BoE Vote Split Nets To ‘Dovish Hold’
“Gradual.” That’s still the “appropriate” way to approach the “removal of policy restraint.” So said
The Fed Triggers A Vol Shock
I’m compelled, I suppose, to weigh in quickly on Wednesday’s post-Fed stock “crash” and the
Recalibration Complete
Wednesday’s rate cut from the Fed was “a closer call” compared to reductions in November
Fed Lifts Inflation Outlook, Sees Fewer 2025 Cuts
The Fed cut rates by 25bps on Wednesday, as expected, bringing the total amount of
US Housing At The Crossroads
US housing’s at a crossroads of sorts. Rates have seemingly stabilized, and may be biased
If A Bear Roars In The Woods
Albert Edwards sees trouble. Potentially. And also perpetually and perennially, by the way, which is
Wall Street’s Narrow Bull Run Creates ‘Unprecedented’ Juxtaposition
Congratulations: You’re witnessing history. I hesitate to employ such a vacuous phrase. You’re always witnessing
Recession Where? Not Here. Not Yet.
Recession? Who? Where? When? Not us. Not in America. And certainly not right now. At
Builders Bet On Red Tape Relief From Trump 2.0
There’s a builder in The White House! There’s a builder in The White House! Homebuilders
Igor Kirillov Had A Bad Day
Igor Kirillov was a Russian general of considerable standing and he just had a very
Profit Inflection Is More Soft Landing Evidence, Erstwhile Bear Says
Soft landing evidence in the US just keeps piling up. Or at least that’s one
Just Another Bubble Chart
Everyone loves a good “How expensive is the US stock market?” chart. And God knows
One More And Done?
On December 6, during remarks for an event hosted by the Missouri Bankers Association, Michelle
Flaming-Hot US Services Makes Mockery Of Powell’s ‘Restrictive’ Policy
The biggest part of the world’s largest economy expanded at the brisket pace since October
You must be logged in to post a comment.