Jay Powell Struggles to Explain ‘Hawkish Pause’ to Sceptical Economists: FT

Jay Powell Struggles to Explain ‘Hawkish Pause’ to Sceptical Economists: FT

In the run-up to this week’s meeting, faultlines had emerged between officials over how much...

The Fed: Too Much Power?

“Time will tell if future Fed officials are as resistant to political pressures as its...

Retail Sales Unexpectedly Surge In May Led By Autos and Building Materials

While consensus expectations for retail sales data this morning were expected to contract (headline) or...

Doubleline’s Gundlach Warns Stocks Are ‘Exhibiting Signs of a Mania': MW

“If there’s a massive default problem, stocks are going down more than 50%, because they...

Initial Claims At Highest Since Oct 2021 As Texas Jobless Count Soars

After the prior week’s surprise surge in initial jobless claims (to the highest since Oct...

Gundlach Doesn’t Think the Fed Will Resume Rate Hikes Soon

“I see a trend here, and I don’t think the Fed’s going to be raising...

Global Markets Slip as ECB Prepares Hike After Hawkish Fed Pause

World stocks slipped from 18-month peaks and the dollar pushed higher on Thursday as traders...

Federal Budget: TTM Deficit Surges by an Incredible $980B YoY

The Federal Government ran a deficit last month of $240B. Revenue continues to be at...

Have We Seen the Last Fed Rate Hike of This Cycle?

As was widely expected, the Federal Reserve Open Market Committee (FOMC) put rate hikes on...

Government Job Numbers Make No Sense

Every month, we get government job reports that tell us the labor market is booming....

High Prices Are NOT Inflation

Whether the Fed pauses, pivots, or not with respect to their current quest to raise...

The Fed's Dot Plot of Interest Rate Projections Show It's Totally Confused

The Fed’s Summary of Economic projections is far more interesting. I highlighted the median economic...

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