US Homeowners See First Home Equity Losses Since 2012
The home equity losses are here. US homeowners with mortgages (around two-thirds) suffered more than
The home equity losses are here. US homeowners with mortgages (around two-thirds) suffered more than
Jerome Powell, officially the least popular Fed chair since Gallup began tracking public confidence in
For the second time in as many policy meetings, the Fed will hike rates in
Short vol strategies have been profitable lately. “Grotesquely” so, in fact. The colorful description comes
“Is that ready?” It was 4:45 AM, or thereabouts. Kazakhstan had floated the tenge, and
“Markets often bottom before the end of a recession, but not before the beginning of
In the latest weekly+, I suggested that, for the first time this cycle, the incoming
Markets will get an updated look at the Fed’s preferred inflation gauge this week. Spoiler
“Our sense of the range of institutions under scrutiny is that any issues are finite
I suppose I should pretend to have something introspective to say about Joe Biden’s budget,
US home prices posted the smallest annual gain in 29 months in December, data released
Just days after using the Munich Security Conference as a forum to deride the White
To some market participants, it probably feels like the earnings recession call (the “profit reckoning”)
One — perhaps the — key geopolitical question in 2023 is whether Moscow is overplaying
“He lost his job during the pandemic and hasn’t tried to get a new one
“Be careful what you wish for,” Morgan Stanley’s Mike Wilson warned, “way” back in August.
“We are skeptical about a durable rally,” JPMorgan analysts led by Marko Kolanovic said Monday.
Allahu Akbar! Inflation in Europe receded more than expected in December, data out Friday showed.
With time, America has become a country with vanishingly few paths out of poverty (or
I’m not sure about much these days, but 26,824 isn’t 0. Of that much, I’m
FTX owes a lot of real money to a lot of people who, thanks to
For the tenth straight month, US small business optimism loitered below the half-century average. I
The balance of news flow out of China was anything but encouraging Monday, but don’t
The offshore yuan surged the most on record. Again. Just days after a swoon for
Amazon and Apple closed the book on mega-cap US tech earnings Thursday with results that
“There’s been a lot [of] premier-as-savior talk,” former CIA analyst Christopher Johnson told The New
Earlier this month, BofA’s global equity derivatives team warned of a “test and fail” of
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