Republicans May Have A Math Problem In Debt Ceiling Standoff
If you take House Republicans’ budget bombast literally, a key GOP demand for agreeing to
Mike Wilson Doubles Down: Rally ‘Just Another Bear Market Trap’
“Reality” is coming for 2023’s early stock rally. That’s according to Morgan Stanley’s Mike Wilson,
Recession, Stagflation Fears Resurface In Europe
Don’t call off the European recession just yet. The German economy contracted in the fourth
Standing-Room Only
To say it’ll be a busy week for fundamentals-focused traders and investors would be to
The Art Of The Hawkish Step-Down
Jerome Powell’s birthday is coming up. Upon ascending the Fed chairmanship in 2018, Powell was
Default Plan
“A politically disruptive standoff is likely later this year,” Goldman’s David Kostin said, citing the
Television People
Notwithstanding the “outsider” shtick favored by right-wing populists in Washington and, on the other side
All Aboard!
The Nasdaq 100 is on track for a double-digit monthly gain, Tesla rose more than
Does Hindenburg’s Anderson Know What He’s Getting Into?
On Thursday, I characterized mainstream financial media coverage of the Gautam Adani “fraud” allegations as
US Consumers Real Tired Of Inflation
Real personal spending in the US fell three times more than expected last month, data
The ‘No Landing’ Risk
“Soft landing” or “hard landing”? The plane metaphors are a bit grating by now. As
Leverage Is Not A Four-Letter Word, Bassman Reminds You
A Commentary by Harley Bassman (Twitter: @ConvexityMaven) On March 16, 2021, I offered that “it
Potemkin Village
Americans bought 644,000 new homes last year, the government said Thursday. That was the fewest
Reply Hazy. Try Again Later
The US economy grew more briskly than expected in the final three months of 2022,
Newsworthy
It hasn’t been a “quiet” week, per se. But it’s been one of those weeks
Big Blue To Cut Jobs, Tesla To Cut Costs
Add IBM to the ranks of US tech behemoths cutting jobs. The company will give
Persistent Disconnects
One of the more remarkable anomalies in a year full of them was the persistent
Hold Your Hawkses
“If economic developments evolve broadly in line with the outlook, Governing Council expects to hold
Leopards, Paper Tigers And Russian Bears, Oh My!
“Before we started sending them weapons they were killing Russians with things you could find
A Slowdown Is A Slowdown
“Growth continued to moderate, particularly in December, and we exited the quarter with Azure constant
Cloudy Forecast Undercuts Microsoft’s ‘Better-Than-Feared’ Results
It’s a good thing Microsoft has a ~$13 billion inside line on the future of
JPMorgan Sees End To Mechanical Bull
Eventually, “risk markets will have to reconnect with the late-cycle backdrop.” That’s according to JPMorgan
‘Stagflation!’ Screamed The PMIs
I’m not sure where we are this week when it comes to the good news-bad
Tug Of War For The World
Simmering superpower tensions were on display this week, casting doubt on the notion that Washington
Lucky Europe, Unlucky Britain
Against the odds, and with a little help from an unusually accommodating Old Man Winter,
Capitol Offense
“When should we worry about the debt ceiling?” concerned market participants ask, every second of
The Cash Is Drying Up
There’s good news from “always and everywhere” land, where tautologies masquerade as wisdom and complex
You must be logged in to post a comment.