You’re likely thinking that a discussion of "sound banking" will be a bit boring. Well, banking should be boring. And we’re sure officials at central banks all over the world today—many of whom have...
Although the Q1 GDP report was bad, it could have been worse if not for the sharp increase in consumer spending for March. The US is a consumption-driven economy, where spending makes up roughly 70%...
Due to everything we are seeing and expecting, including the performance of the gold price and shortages that potentially will stem from Trump’s trade war, we think there’s a very real possibility...
Most of the trading session made sense yesterday, with the index gapping lower and then spending most of the day grinding higher as puts were closed and implied volatility fell. The final 20 minutes...
The economy declined in Q1 for the first time in 3 years. But digging into the numbers, it might not be as bad as it looks. Here is the Q1 breakdown:Nominal GDP: $29.98T (+3.46% Q/Q annualized)GDP...
Slide in copper, anyone? FCX? Or terrible jobs / GDP readings? We’ve got all of those today. Copper’s decline commenced even before the release of ADP employment and GDP statistics. This is not...
Personal Consumption Expenditures (PCE), the Federal Reserve’s preferred gauge of inflation, fell to 2.3% in March, the lowest since September 2024 when it hit 2.1%. The reduction in PCE inflation...
Since the infamous Liberation Day, where a stream of substantial reciprocal tariffs on various countries were announced and the world sunk in panic, there have been numerous developments in...
Tesla (NASDAQ:TSLA) Inc. closed just under $290 on Tuesday, adding 2% to an impressive rally that's seen the stock gain 18% since last week's earnings report. That surge has come despite the company...
According to Bloomberg, Yale University could sell as much as $6 billion of its private equity investments. Such a sale would represent about 15% of its total endowment fund and a third of its...