A trio of bank failures had “limited impact on consumer sentiment” this month, Joanne Hsu,
Category: economy
US Inflation, Spending Data Cooperates. For Now
Core inflation using the Fed’s preferred gauge rose less than expected last month from January,
Beware The Latent Surge In Jobless Claims
Just take the money! It’s free! If I were a financial advisor (I’m not), that’s
The ChatGPT Bubble Is Here: $300K For ‘AI Whisperers’
Earlier this week, I lamented the somewhat terrifying prospect of 300 million lost full-time jobs
Did America’s Housing Recession Just End?
For the third straight month, pending home sales in the US surprised to the upside,
America’s Housing Bubble Flies South For The Spring
A government gauge of national home prices in the US unexpectedly rose at the beginning
Unbothered By Bank Runs?
If you were wondering whether the second-largest bank failure in American history and fears of
Let’s Argue About Student Debt Some More
Over the years, I’ve learned to pick my spots when it comes to broaching the
Great American Deposit Debate Spotlights Legislative Gridlock
“Biden, Powell and Yellen have said virtually everything they can say about the FDIC’s backing
Failing Banks, Persistent Inflation Promise Fun-Filled Week
Markets will get an updated look at the Fed’s preferred inflation gauge this week. Spoiler
Services PMI Nods Strongly To US Wage-Price Spiral
The good news is, the US economy is still humming along. That’s also the bad
It’s Not A Wage-Price Spiral. It’s ‘Greedflation’!
Price gouging! That’s the culprit for high inflation. I like it as a thesis. I
Ambiguous New Home Sales Suggests Prices Firmed After Drop
The pace of new US home sales was slightly slower than expected last month, data
Food, Bar Inflation Now Off The Charts In UK
“Disastrous” might be too strong an adjective. It usually is. But some less severe synonym
Monumental Surge In US Home Sales Is Sideshow In Bank Drama
Surprise! The two-month re-acceleration in US pending home sales translated into a blockbuster month for
Goldman On The Fed: ‘The Inflation Fight Can Wait Six Weeks’
Over the weekend, during an interview with Fareed Zakaria, Lloyd Blankfein said that in his
Amazon Job Cuts Spread To AWS
Ok, let’s recap how we got here. In late April of last year, while unveiling
China’s Economic Recovery Questioned As PBoC Retains Easing Bias
Allegedly, China’s economic recovery was going so well last month that Party officials were taken
America’s Mood Was Already Worsening On Eve Of Bank Crisis
There wasn’t much to be gleaned about America’s still simmering bank crisis from the preliminary
Nascent Housing Recovery Faces New Test In Regional Bank Crisis
Not surprisingly, US mortgage rates dropped over the last week alongside falling US yields. The
US Jobless Claims Plunge Most Since July
So much for the spike in US jobless claims. Last week, data showed initial filers
Bank Drama Hits GDP Forecasts As Goldman Cuts US Outlook
What a difference a few weeks makes. This time last month, market participants were convinced
Fed ‘Pause’ Hopes Get Boost From PPI Drop
US producer prices unexpectedly fell last month, data released on Wednesday showed. Separate figures, released
Inflation Argues For Fed Hikes, But Bank Turmoil Eyed
Core inflation in the US rose slightly more than expected last month from January, data
Regulatory And Policy Failures Made SVB A Grenade
By now (where in this case “by now” means barely four days after everybody woke
Warnings, Panic, Shock: SVB Collapse Shakes Nation
“Our sense of the range of institutions under scrutiny is that any issues are finite
America May Face Wave Of Bank Runs, Failures Without SVB Backstop
The path forward following the Silicon Valley Bank fiasco looks pretty binary. One of two
You must be logged in to post a comment.