American Dream Is Least Affordable Since 2007
The last time owning a home was as financially burdensome for everyday Americans as it
Up Next: Powell Interrogation, US CPI, Big Bank Earnings
Anyone who bothers to show up for work this week will hear from Jerome Powell.
Jesus Christ
“I don’t think anybody’s more qualified to be president or win this race than me,”
See No Evil
Global equities hit new record highs on Friday. MSCI’s gauge notched a fifth consecutive weekly
Requiem For Rate Hikes
Last month was pivotal. Maybe “pivotal” isn’t the right word. Let’s call it “remarkable” instead.
Mixed US Jobs Report Leaves Fed In Limbo
The US economy added more jobs than expected last month while revisions subtracted 111,000 from
Britain’s Back. But Nigel Serves Notice
“I believe this country is safer, stronger and more secure than it was 20 months
Labour Day
The polls weren’t wrong. Not that anyone thought they were. But… well, again, they weren’t
The Simple, Brutal Reality Of ‘Eastern Powers’
There’s a bull market in geopolitical counter-narrative. A raging, raging bull market. It’s been going
Japanese Stocks Celebrate Another Milestone
Earlier this year, Japanese equities celebrated a milestone: A meteoric rally in local shares finally
US Services Sector Is Either Crashing Or Booming
Yikes. The marquee gauge of US services sector activity unexpectedly dove into contraction territory for
US Slowdown Takes Shape As Hiring Downshifts, Jobless Claims Rise
Private employers in the US added 150,000 jobs last month, ADP said Wednesday. That was
Damn You 7%!
Bad news for America’s teeming scores of landless peasants: The cost to finance a cheap,
How Worried Should We Be?
Over the past few weeks, several readers have written to inquire as to my overall
Sintra Snoozer
Jerome Powell’s in Sintra this week hanging out with his global counterparts at the ECB’s
There Are Still 8 Million Open Jobs In America
Job openings were higher on the last business day of May, key US macro data
Tesla On A Roll As Deliveries Top Estimates
In a notable development given myriad pressing questions about the company’s growth outlook, Tesla topped
Eurozone Services Inflation Refuses To Budge As ECB Looks On
Headline inflation in Europe resumed its downward trek in June while core price growth loitered
What To Expect From Q2 Earnings Season
For whatever it’s worth, the bar to clear for corporate America when reporting season kicks
Sotomayor Pens Obituary For American Democracy
To be aggrieved at a 2024 Supreme Court decision at odds with the popular will
‘Period. End Of Story’
It’s hard to know whether Joe Biden and his surrogates actually believe he’s up to
US Factory Activity ‘Frustratingly Weak’
US factory activity contracted a third month in June, the first of this week’s top-tier
Le Pen ‘At The Gates Of Power’ As France’s Political Center ‘Wiped Out’
Implicit in Emmanuel Macron’s brazen decision to dissolve parliament three weeks ago was the notion
Jobs, Politics And Fireworks
If you’re not into politics, it’ll be an arduous week. Headlines in the days ahead
Chinese Economy Still Struggling, Latest Data Shows
The Chinese economy’s still on shaky footing. At this point — which is to say
As US Celebrates July 4, UK Braces For ‘Electoral Asteroid’
It’s another holiday week in the US. On Thursday, American men will engage in the
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