The Blob Keeps Growing. So Why Aren't Bond Yields Soaring?
The federal deficit narrowed a bit to $1.63 trillion over the 12 months through April (chart). However, over the…
The Week Ahead: May 13 - 17
The week ahead is jampacked with economic indicator releases. The big ones are for inflation, retail sales, and production. They…
DEEP DIVE: The Causes of Recessions & Bear Markets, a Recap
There are three ways that recessions typically are triggered: 1) a monetary-tightening-induced financial crisis turns into a credit crunch; 2)…
The Recession Claim
One of our competitors claims that we are in a recession. Another claims that we will soon be in a…
Tight Fed Fueling Foreign Stock Market Rallies?
In the past, the major foreign central banks often followed the Fed's lead. This time, they aren'…
Oil's Slippery Slope
The NYMEX nearby futures price of a barrel of crude oil peaked this year at $93.68 on September 27.…