The Misery Index is the sum of the unemployment rate and the inflation rate (measured as the yearly percent change in the CPI). It was 6.5% during September, well below its average since 1947 of...
Euro is under pressure again as ECB dovish commentary lingers Gold makes a new all-time high despite the 10-year US yield rise US equities trade with low conviction ahead of Tesla's earnings BoC to...
The Federal Reserve is now entering a monetary easing and rate-cutting cycle in an environment of elevated inflation. The last time this happened was during the 1970s, a decade that saw inflation...
Gold had the Biggest Gains in 45 Years in 2024 Gold (XAU/USD) has soared to record highs this year, marking its biggest gains in 45 years. Gold prices have soared to record highs this year—the...
Dollar, gold and US yields are on the rise US presidential election risks start to affect market sentiment Focus today on central bank speakers at the IMF annual meeting BRICS summit could generate...
Macro clouds remain on the horizon. Wherever you look at, you see unsustainable economic models: we are either relying on debt-fueled growth (US), trying to squeeze exhausted growth models (China),...
Gold Continues Setting Record Highs Gold (XAU/USD) reached record highs on Monday as the US political uncertainty and Middle East tensions supported the demand for safe-haven assets. Gold prices...
Yes, that has been our advice since mid-August. Our August 19, 2024 Morning Briefing was titled, "Get Ready To Short Bonds?" We wrote: "Bond investors may be expecting too many interest-rate cuts...
The smart money is selling, of course, for the clanging indicators are the dinner bell announcing the banquet of consequences has been served, and Nemesis doesn't want the meal to get cold. ...
By Mike MaharreyIn one of the biggest economic stories of the year that nobody seems to care about, the Biden administration ran the third-largest budget deficit in history in fiscal 2024 and paid...