We believe that it is the pump price of gasoline prominently posted daily at every service station in America that has the…
August's CPI will be released Tuesday morning. We think that last week's 3.6% rally in the S&…
It's another action packed week ahead. On the inflation front, we are expecting that, on Monday, the FRB-NY survey of…
This is an excerpt from our Sept 6 Morning Briefing.Deep Dives (for paid members of QuickTakes) are occasional excerpts from our…
The DJIA, Nasdaq, and S&P 500 snapped a three-week losing streak today. Why? After all, on Thursday, Fed Chair Powell…
Previously, we observed that industry analysts covering the S&P 500 (as well as the S&P 400 and S&…
Stock investors don't know whether they are coming or going. They don't have much conviction. Yesterday, we observed…
Investors Intelligence Bull-Bear Ratio (BBR) slipped this week for the third week, to 1.00 (chart below). It had advanced the previous…
Fed Chair Powell has put the kibosh on financial markets’ wishful thinking that the Fed will start easing monetary policy next year.…
Investors are rooting for "divine disinflation." We all want inflation to come down without a painful recession. We want the…
US freight rates increased 28% y/y during July, but declined almost 2% m/m. That's according to the July…
The bears say that the 17.4% rally in the S&P 500 between June 16 and August 16 was a…
