Our purpose here is to examine Federal revenues and spending for any sign that the Fed would have any justification for a policy move. And…
A third period of heightened volatility shouldn’t surprise us.Consider this chart of the SPX (S&P 500) over the past two years: take a look at the relative steepness of each of the red lines (rallies), the duration of each rally (purple lines)…
Confidence must be maintained under all circumstances
China is now only a faltering apartment Bubble away from a period of major economic upheaval and acute financial instability. It’s just one problem for financial markets worldwide. Doug’s overview of the week in world bubble finance is its usual tour de force.
How many more promises to be irresponsible do they get?
The more uncomfortable the question, the more dissembling the pseudo-scientific rant as reply.
Revised estimates from the Federal Reserve are beginning to suggest another area for concern in the US economy. There hadn’t really been all that much supply side capex activity taking place to begin with. Despite the idea of an economic boom in 2017, businesses across the whole economy just hadn’t been building like there was […]
The rules of interpretation that apply to the payroll reports also apply to other data series like retail sales. The monthly changes tend to be noisy. Even during the best of times there might be a month way off trend. On the other end, during the worst of times there will be the stray good […]
The beat goes on. The Treasury announced a 30 year TIPS issue today, bringing net new supply for the month so far to $119 billion.
Markets are super noisy and jerky right now. Yield panic, recession concerns, headlines and tweets bringing about massive price swings in any direction. It can spin anyone’s head. Let’s step back and […]
