More than a third of Americans have received at least one dose of a COVID vaccine, and more than a fifth are fully vaccinated. If
Category: Markets
The Word Is ‘Inflation.’ With A ‘K’
“Expectations about home, gas, and rent price changes all reached new series highs,” the New York Fed said Monday, in the color accompanying the March
We Don’t Have All The Answers
Equities felt uninspired ahead of a week that promised no shortage of tradable data. A bevy of key reports out of the US including CPI
China’s ‘Pretty Evident’ Credit Slowdown May Bode Ill
According to various sourced reports, directives aimed at curtailing “bubble” risk presage the slowest Chinese credit growth since at least 2006. Concerns about pockets of
Jane’s Tale
With earnings season on deck and market participants increasingly prone to digital shouting matches about whether equity valuations are ludicrous or merely “stretched,” I wanted
Simulation Game, One Year Later
On Sunday morning, while sitting cross-legged on the back deck and frowning out through the kind of heavy, wet mist that settles on you, I
‘Any Disappointment’
Who’s afraid of inflation? Not Lacy Hunt, that’s for sure. And it seems like Albert Edwards may have pushed the date back for the onset
Lacy Hunt Suggests Inflation Doomsayers Suffer From ‘Psychosis’
I’m not a fan of Lacy Hunt. But, paradoxically, I don’t hold that against him. There are less than two-dozen people who could count me
Evolution.
It occurs to me that I probably come across as unduly derisive (or needlessly blunt) at times, but much of what I read from financial
Would You Pay $39 For A Bar Of Soap?
“Inflation – the ball is rolling,” proclaimed the title of one note out Friday morning following US PPI data. Producer prices in the US rose
The Stock Inflow Tsunami And A Ridiculous Job Offer
Equity funds gathered another $15.6 billion in the week through April 7, adding to an astonishing post-US election haul. Over the past five months, inflows
Ambiguous Tea Leaves
Inflation worries were back on the menu Friday, after data showed producer prices in China jumped the most in years amid higher commodity costs. The
Albert Edwards: Main Risk To Stocks May Be Opposite What You Think
“Optimism abounds,” SocGen’s Albert Edwards wrote, in the opening passage of his latest piece, out Thursday. As you can imagine, Edwards suspects that optimism might
Poker Faces And Unreasonable People
(Editor’s note: Like so many of the articles published here, I started this piece with one idea in mind, but it ultimately went in a
Somebody Tell Jobless Claims They’re Going The Wrong Way
744,000 Americans filed for unemployment benefits last week, far more than the 680,000 consensus expected. It was the second consecutive weekly rise. The previous week’s
Load More
