Xi Shows Up At Central Bank, Ousts Defense Minister
Xi Jinping made an unprecedented visit to China’s central bank on Tuesday and Beijing removed
Xi Jinping made an unprecedented visit to China’s central bank on Tuesday and Beijing removed
What’s next for US equities? At the risk of stating the obvious, a lot depends
House Republicans, where that means Kevin McCarthy’s far-right flank, are angling for a government shutdown.
I’m no stranger to a Devil’s bargain. I’ve participated in several such arrangements. On both
This time last year, “some” analysts (where that actually means a money market specialist with
China will release key monthly activity figures this week. The news won’t be good, and
As we celebrate the coolest run of US core inflation in more than two years,
Knock on wood I suppose, but the US bond market’s reaction to Treasury’s closely-watched refunding
While Jack Smith was busy indicting Donald Trump on Tuesday afternoon in connection with the
Last week, I noted that at least a couple of sell-side strategists are keen to
The storms weren’t always hostile. Every afternoon in the late-spring and summer, around four or
A pre-FOMC limbo found investors biding time. It didn’t feel like a “crisis” day. Indeed,
By now (where in this case “by now” means barely four days after everybody woke
“There’s nothing there for you. You know that, right?” She was on her second glass
July 13, 2024 The world’s largest economy just turned a corner. The latest CPI
Add IBM to the ranks of US tech behemoths cutting jobs. The company will give
“Our track record at understanding inflation is really, really bad.” That rather stark admission, from
If you read any overdramatized market wraps produced by mainstream financial media outlets headed into
As the curtain closes on 2022, existential questions abound. Is the world headed for a
This time four years ago, Donald Trump was busy berating Jerome Powell’s golf game on
Much as I’d like to, I can’t ignore the elephant in the room on Monday.
A palpable sense of “What now?” pervaded US markets Wednesday, when the combination of inconclusive
If I were a Tesla shareholder (and we all are in index funds), I wouldn’t
The data calendar in the US is sparse this week with a notable exception: CPI.
Wars, wars everywhere. Lost in the macabre daily news flow out of Ukraine Monday was
In addition to a cacophony of policymaker soundbites, traders will be compelled to grapple with
Mike Wilson was “surprised” by the “magnitude” of a bear market rally that propelled US
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