The ISM services survey is one of the best forward-looking metrics of US economic strength and it was surprisingly strong in September at 56.7 vs 56.0 expected.That news sent the US dollar higher...
<p>The recent series of OPEC+ meetings have been very short, some less than 10 minutes. But this is an in-person meeting and they're contemplating a large cut so it will likely take some...
<p>US equities are now up more than 5% in just two trading days in October. That's an phenomenal start after a 9% decline in September.</p><p>Today's changes:</p><ul><li>S&P 500 +112 points to 3790 or +3.1%</li><li>DJIA+2.8%</li><li>Nasdaq...
Restoring price stablity make take some time, will likely entail a period of below-trend growthElevated inflation is the problem that worries me mostJob market very tightSupply-demand conditions in labor market and economic seem...
The S&P 500 closed out a brutal month in September with a weak finish but today is looking much better despite banking rumors and general anxiety. The bond market is recovering and the...
It's a new week after a weekend chalk-full of rumors:Credit Suisse or another major bank going downAn emergency Fed meetingA big OPEC+ cutShares of Credit Suisse are down 7.5% today, which is basically...
