The Swiss Re US Wind Cat Bond Performance Index Price Return Index has sunk to 70 on Hurricane Irma’s projected path through Florida. The Swiss Re Global Cat Bond Performance Index Price Return is at 80.
The Atlanta Fed’s GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2017 is 3.0 percent on September 8, up from 2.9 percent on September 6. The forecast of the contribution of inventory … Continue reading →
Canada’s Central Bank, the Bank of Canada, recently raised its lending rate to 1.25%, matching the US Federal Reserve
Today, US Unit Labor Costs Nonfarm Business Sector QoQ % SAAR was reported for Q2 FINAL. It declined 0.2% from 0.6% in Q1. Aren’t we in a supposed tight labor market when wages (and labor costs) should be rising?
The European Central Bank (ECB) President Mario Draghi is mimicking Buzz Lightyear from Pixar’s Toy Story:
According to Moody’s, CMBS loans backed by retail properties are the worst performing asset class.
Yes, Washington DC is not Bruce Springsteen’s “Lucky Town.”
Choose your hysteria to explain the Treasury market: 1) debt ceiling crisis, 2) hurricane (Global Warming) crisis, 3) North Korean nuclear attack crisis, 4) Trump’s Russian collusion investigation crisis, 5) the DACA (“Dreamer”) crisis, 6) Brexit crisis, 7) NAFTA crisis
The global de-dollarization trend continues with China launching a crude oil futures contract priced in yuan and convertible into gold.
The Eagles said it best in their song: (Minnesota’s public pensions are) already gone.