It’s clearly not a good thing that the Commerce Department reported a second consecutive quarter of negative growth, with U.S.
The Federal Open Market Committee delivered exactly as expected Wednesday afternoon, announcing a second consecutive 75-basis-point interest-r
The International Monetary Fund cut its global growth projections for 2022 and 2023, describing the outlook as “gloomy and more uncertain.” Th
The major U.S.
Deteriorating PMI data in the U.S.
The European Central Bank announced an expectations-beating half-point interest-rate hike today, at the same time introducing a “tool” to ensu
The Office of National Statistics reported Wednesday that inflation in the U.K.
In his most recent newsletter, Tony Greer of TG Macro wrote, “The setup for oil bulls on this gorgeous summer Friday morning is not to be beli
Goldman Sachs and Bank of America posted solid headline-level earnings this morning, both benefiting from higher interest rates during the sec
Jared Dillian tweeted it out: “It would take 8 months of 0.0% CPI readings to get CPI back to 5%.” And that was before the Commerce Department
The producer price index was up 11.3% year over year in June, the seventh consecutive double-digit gain, and accelerated to 1.1% from 0.9% in
Registering yet another 40-year high, the consumer price index for June came in at 9.1% and solidified at least a 75 basis-point move when the
We’ve yet to see the hard domestic economic data sufficient to support the case that the Federal Reserve will pause its monetary tightening pr
Markets meandered during a mixed Monday session, as investors bide their time ahead of Wednesday’s release of consumer price index data for Ju
It was already going to be a significant Jobs Friday before the West awoke to news of the assassination of former Japanese Prime Minister Shin