China is in Trouble
Today, China is in deep trouble. The residential market has cratered. Consumers are angry, as they’ve lost money. [...]
12
09, 2022
6
09, 2022
The Fed – No Pivot Anytime Soon
In a succinct speech, Jerome Powell once again reminded the markets not to expect a “pivot” from the [...]
29
08, 2022
The Next Credit Crisis
Some mortgage lenders – the worst of them – are beginning to go broke. According to a report [...]
22
08, 2022
The US Inventory Cycle
The COVID era changed consumer preferences and disrupted US retail inventory management, with wide-ranging effects throughout the economy. [...]
15
08, 2022
The Inverted Yield Curve – John Mauldin
We’ll start with a quick yield curve update. Much has changed in the subsequent four-plus months. (Quick refresher: [...]
8
08, 2022
Series I Bonds
Series I Bonds are special inflation-adjusted bonds issued by the government. Any US citizen can buy them to earn a [...]
1
08, 2022
From the FOMC
As expected, the Fed raised rates by 75 bps. The FOMC acknowledged the recent loss of [...]
25
07, 2022
Latest on the US Economy
The U. Michigan 1-year consumer inflation expectations index edged lower this month... … as gasoline prices [...]
18
07, 2022
Business Sentiment
We last looked at small business owner sentiment in early February, before the Ukraine war spiked energy prices. [...]
11
07, 2022
The Bond Market
The bond market is weird, but it’s full of clues. We have 8.6% inflation, but the highest interest [...]