Productivity Revised Up
The stock market marked time again today with the S&P 500 remaining around 4550. The 10-year Treasury bond yield continued…
The stock market marked time again today with the S&P 500 remaining around 4550. The 10-year Treasury bond yield continued…
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The S&P 500 is taking a rest just north of 4550 and south of 4600. Stock investors are waiting for…
The latest bull market started on October 12, 2022. Its detractors have been saying that it may not be the real thing.…
The Santa Claus rally is about to be tested again by the prospects of a regional war in the Middle East. The…
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S&P 500 earnings per share are heading up according to industry analysts. We agree. There was lots of pessimism over…
Stocks rallied today as October's PCED inflation rate continued to moderate. Most importantly, the inflation rate of PCED services excluding…
The bond market liked today's Beige Book, the collection of regional surveys of economic activity conducted by each of the…
Our Roaring 2020s outlook for this decade centers on the idea that technological innovations such as the so-called BRAIN technologies will be…
Not much happened in the stock market today even though the 10-year bond yield fell to 4.34% from a high of…
China’s economy is in a property-led and fertility-led depression. That’s bad news for China’s people and for the Chinese…