Since the December 5 QuickTakes titled "Contrarian Indicators Showing Too Many Bulls," we've been warning that bullish sentiment…
The Federal Open Market Committee (FOMC) cut the federal funds rate (FFR) by 25bps today, as widely expected. That takes the target…
Lots of crosscurrents are converging to determine the course of inflation in 2025. So projecting that course takes seeing where those currents…
Consumer spending rose again in November, with real retail sales rising more than 3.0% y/y (chart). Rising real labor and…
Last Thursday, we wrote, "After today's PPI, we won't be surprised if Fed officials plant a story…
The main focus of the economic week ahead is the FOMC's interest-rate decision on Wednesday. The most likely outcome will…
Look up in the sky. It's a bird. It's a plane. It's Superman! Nope, it'…
This is an excerpt from the Yardeni Research December 9, 2024 Morning Briefing. Taylor Swift’s “The Eras Tour” ended yesterday in…
After today's PPI, we won't be surprised if Fed officials plant a story in The Wall Street Journal…
We were among the only forecasters who predicted no recession over the past three years. We also predicted that inflation would fall…
Today's CPI report for November matched expectations. The CME FedWatch tool shows 95% odds that the FOMC will cut the…
As Taylor Swift ends her Eras tour, Dr Ed starts his Roaring 2020s Tour to meet with our accounts. Last week in…
