Welcome to the first day of a brand new quarter. A special quarter. In that, this is always the time when corporations come together to strive to reach their overall goals, and then to tell the world about their accomplishments. For the sales and …
There are many who will miss the historic impact of yesterday. In the history of modern finance, this was as large a disconnect between reality and the market's behavior as we'll ever see. In the span of a day, we went from the euphoria of all-time…
This morning we'll receive our first look at the Third Quarter's Gross Domestic Product. The ultimate MACRO Number, the sum total of the economy's goods and services. It's also the final checksum, making sure that what we've seen so far in the econ…
Sometimes you see things in the market, that just make you scratch your head. Things that you've never seen before. Something like that is occurring right now. Something that you and I will look back at and say “I remember when...” Yes…
It had been rumored for months. Yesterday was the day that Real Estate Mogul, Reality TV Host, and the 45th President Of The United States became Donald Trump, Social Media Entrepreneur. For millions, this was a moment that they had hoped for since…
He's the guy who comes to the company party, sits in the corner sipping his Dubonnet, adding up the bar tab. In finance, he's the bond market. There's a reason, after all, that the late Louis Rukeyser called them the bond ghouls. They're the ones…
Yesterday we pointed out that the Atlanta Branch of the Federal Reserve Bank, in their GDP Now Model is now calling for Economic Growth this quarter of just one-half of one percent. Essentially zero growth. This is the largest drop in economic proj…
We are living in a growing economic crisis. A Crisis that will shortly see, if you haven't already, and emptying of store shelves, a tightening of vital supplies. We call this the “Supply Chain” Issue. It's the inability of US consumers…
The big news overnight was the announcement of the latest economic growth rate for China. For 25 years China has been the fastest-growing, most consistent large economy in the world. Put a line under their GDP chart, and you'll see that the Chinese…
Last week it appeared that the stars had aligned. That, for the first time since the Pandemic's Economic Lock-Down, that the Fed would return to a more normal interest rate policy. Inflation, seemingly the Fed's most important indicator for…