Economy

Improved economic momentum and elevated inflation suggest the Federal Reserve will acknowledge the possibility of a future rate hike via…
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It’s SpaceX () day. It appears that it was heavily oversubscribed by retail accounts, with investors getting as little as 20% of their …
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Most commentators are dissecting the reasons why the stock market declined last Friday, but also fell by over 3% (-$130 an ounce) on…
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Consumer sentiment is off its lows, but remains very weak. However, the relationship with spending has been poor recently, reflecting the…
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Risk assets are heading into Friday’s European session with considerably more spring in their step than they had at the start of the…
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On Thursday, the Labor Department announced that the Producer Price Index () surged 1.1% in May and 6.5% in the past 12 months.…
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Federal Reserve to Resist the Urge to Hike US Rates Source link
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As far as I can tell right now, inflation is transitory, and the will still be cutting later this year. The Labor Department announced…
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While US headline inflation was lifted by sharp and airline fare increases, other components were better behaved, leading to a…
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