Bond yields should be lower. At least at the long-end. That’s not an assessment based
Category: economy
Albert Edwards Is Worried About Bankruptcies
SocGen’s Albert Edwards is concerned about bankruptcies. That might seem odd coming from the man
Inflation Still Percolating In US Services Sector
Activity in the US services sector reaccelerated in August, according to this week’s only top-tier
China’s Economy May Never Recover Pre-Pandemic Vibrancy
For about 24 hours, financial media outlets and some bank analysts were convinced that Beijing’s
Goldman Says US Recession Odds Have Completely Normalized
This was the summer of the soft landing. So said Goldman, in a new note
Is This Your Homework Larry?
There’s not much on the data docket in the US for the holiday-shortened week. Sparse releases
What Happens To The Economy When Student Loan Payments Resume?
One part of any “good” macro bear narrative for the back half of this year
Fed Gets Ideal US Jobs Report
The US economy added slightly more jobs than anticipated in August, wage growth cooled and
Worst May Be Over For America’s Manufacturing Sector
America’s factory malaise abated in August, the last of this week’s top-tier data out of
Americans Kept Spending As Q3 Dawned. Inflation Generally Cooperative
After re-accelerating at the end of the second quarter, personal spending in the US picked
European Inflation Stuck At Nearly Triple ECB’s Target
Headline inflation in Europe is stuck, apparently. The all-items gauge loitered at 5.3% in August,
Pending Sales Rise, Investor-Buying Plunges In Cliff-Edge US Housing
Pending home sales unexpectedly rose in the US last month, data released on Wednesday showed.
Fed Gets More Favorable Data In Constructive ADP Report
US private sector employers added 177,000 jobs in August, ADP said Wednesday. That was fewer
War, Inflation And Chinese Shadow Banks
The war, European inflation and China’s shadow banking demons were top of mind for market
‘Immaculate Disinflation’ Lives
Good news for the soft landing crowd: US job openings were “just” 8.827 million on
Bad, Good, Whatever
Here’s hoping bad news is good news. US consumer confidence slid in August and an
US Home Prices Keep Rising, Imperiling Fed’s Inflation Fight
US home prices rose a fifth straight month in June, according to lagged data released
Yes, China Is Staring At A Recession
Earlier this week, one reader parroted a familiar refrain: China isn’t headed for a recession
Americans Have No Idea What’s Going On
America is a paradox. The US is the richest nation in the history of the
Traders Confront Wave Of Crucial Data Ahead Of US Holiday
It’s a data-heavy week in the US, where a whirlwind of indicators are expected to
Powell Breaks No New Ground In Bland Jackson Hole Speech
If the US economy continues to grow at an above-trend pace, the Fed may be
The World: Changing, Ending Or Both?
Is the world changing or ending? Both, probably. We’re witnessing tectonic socioeconomic and geostrategic shifts.
Germany’s Economic Woes Worsen As Confidence Slides
Not that anyone needed additional confirmation, but an update on the key leading indicator for
Powell Unlikely To Chance R-Star Shocker
I doubt there was much to distill from Thursday’s price action in US markets other
BRICS+ For Short
Starting next year, “BRICS” will be harder to pronounce. Cyril Ramaphosa on Thursday announced the
Americans Flock To New Construction Amid Record-Low Vacancy Rate
Not surprisingly considering current housing market dynamics, US new home sales topped estimates in data
US Mortgage Demand Falls To 28-Year Low As Rates Highest Since 2000
The average 30-year fixed rate mortgage in the US rose to 7.31% last week, up
