The economic week ahead is jampacked with important economic indicators. The ones for January–New Home Sales (Mon), Durable Goods (Tue), and…
I. Is AI Ready for Primetime? The Roaring 2020s started in the stock market on November 30, 2022. That’s when OpenAI…
We've been in the higher-for-longer camp regarding the outlook for the federal funds rate (FFR) since the end of last…
Today, we analyze the analysts, noting that they tend be influenced by stock market meltups—thus fueling the meltups—and during meltups…
As a result of the AI gold rush, billions of dollars are being spent on Nvidia’s GPUs. They seem to be…
January's Index of Leading Economic Indicators (LEI) was down again by 0.4% (chart). It has been falling since December…
Why were so many economists and strategists so wrong in their predictions of a recession over the past two years? Now seems…
Contrary indicator alert! On Sunday, the WSJ posted an article titled "These Teenagers Know More About Investing Than You Do: Custodial…
It's a slow, holiday-shortened week for economic data up ahead. It will start on Tuesday with January's Index…
Tuesday's CPI and today's PPI for January were higher than expected. Thursday's retail sales and today&…
Retail sales fell 0.8% m/m in January, much weaker than expected (chart). Leading the way down was a 4.1%…
We are sure that Fed Chair Jerome Powell has recently reread former Fed-Chair Alan Greenspan's December 5, 1996 speech in…
