Good news is bad news again. The stock and bond markets sold off yesterday following better-than-expected readings for August's NM-PMI.…
Is the surprising Q3 strength in the economy sustainable? Clues in the latest data releases suggest not, and our forecast calls for…
On Sunday, we observed that September is a good month for picking apples. It is widely viewed as a rotten month for…
September is the Rodney Dangerfield of the 12 months; it gets no respect because it has been the worst month for stocks…
It's a short week ahead and a light one for economic releases. We expect that the financial markets will start…
The stock market rallied from Friday through Wednesday despite Fed Chair Jerome Powell’s hawkish speech at Jackson Hole on Friday. The…
Both the headline and core PCED inflation rates rose 0.2% m/m in July. Fed Chair Jerome Powell anticipated that they…
The S&P 500 is up 3.2% since last Thursday's close even though Fed Chair Jerome Powell'…
Today, we examine Fed Chair Jerome Powell’s Jackson Hole speech on Friday. The tone was more hawkish than we expected, with…
The stock market rallied on Friday, Monday, and today despite Fed Chair Jerome Powell’s hawkish speech at Jackson Hole on Friday.…
Today, the stock market performed better because the bond market performed better. The 10-year US Treasury bond yield remained below 4.25%…
The S&P 500 has fluctuated around its 50-day moving average recently as the 10-year Treasury bond yield has done the…
