Is It 'Pretty Clear' We’ve Avoided a Recession?
In response to a media member, who at Wednesday’s post-FOMC press conference, asked Jerome Powell if he thinks we’ve avoided the recession that everyone [read: the media and its obsession with the...
In response to a media member, who at Wednesday’s post-FOMC press conference, asked Jerome Powell if he thinks we’ve avoided the recession that everyone [read: the media and its obsession with the...
US and Japanese data in focus as markets wind down for Christmas. Gold and stocks bruised by Fed, but can the US dollar extend its gains? Risk of volatility amid thin trading and Treasury...
The global economy in 2024 proved to be much more stable than many skeptics had anticipated, standing tall amid continuous geopolitical tensions, technological upheavals, and unabated inflationary...
The good news is that the engine of growth for the US economy is the private sector. But the government’s share of GDP isn’t trivial, which means that a potential government shutdown that could start...
Dollar pulls back, but data corroborate Fed’s hawkish stance. Yen bleeding stops after Japan’s CPI data reveal acceleration. Wall Street set to open lower on risk of a US government shutdown. Will...
Treasury yields rose sharply following the Fed meeting on Wednesday, yet they are collapsing in the world’s second-largest economy, China. While our economy is robust, large foreign economies,...
Gold Bounces Back After Wednesday's Sell-Off Gold (XAU/USD) price rose by just 0.24% during a very volatile trading session on Thursday. This modest increase followed the release of US economic data...
The Dow broke its 10-day losing streak yesterday; however, the bad news is it only finished the day up 0.04%. So, while the streak was broken, it was just barely. Meanwhile, the S&P 500 ended...
I’ve heard this statement quite a bit over the years. I’m not sure where/why this originated since I don’t pay much attention to the news. It always amazes me how people can believe everything they...
Speaking of lean years, it took the NASDAQ stock market index almost 17 years to recover its March 2000 high of 5,048. The core skill going forward--frugality--is largely a forgotten skill set. So...