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Economy
Inflation Anxiety and the ‘Big Beautiful Bill’
The mega-spending bill that the House passed now awaits debate in the Senate. A key issue for markets is how, or if, the legislation will…
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Eurozone PMI Falls in May Amid Service Sector Weakness
The declined from 50.4 to 49.5 in May, indicating that the eurozone is falling back into stagnation. It’s worrisome that the main…
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Bond Yields Are Surging: Narratives Vs. Fundamentals
Fiscal worries, the ’s imminent demise, and soaring tariff-related inflation expectations are among the concerns driving bond yields…
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Gold Rally Faces First Test: Can the $3,300 Handle Hold Amid Geopolitical Strain?
prices have reclaimed the $3300/oz handle but there are growing signs of exhaustion as the precious metal looks to consolidate gains.…
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Markets Still Expect Fed to Keep Rates Steady for Near Term
Uncertainty about , the economy, and trade policy continues to blur the macro outlook, which in turn supports expectations that the will…
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Semiconductor Index Follows Flat Correction Roadmap—Elliott Wave Targets $5,700
In our previous update from May 2nd, when the (SOX) was trading around $4430, we continued with our analyses based on the Elliott Wave…
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Commencement remarks by Governor Kugler at the Economics Commencement Ceremony, University of…
Thank you, Stefano, and before I say anything else, congratulations to the…
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US Economy Bounces Back After Q1 Dip—Will Trade War Disrupt Q2 Momentum?
US economic output remains on track to rebound in the second quarter following the slight decline in Q1, based on the median estimate for…
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Long Bonds Look Oversold as Bearish Bets Pile Up
Short positions in , the popular 20-year US Treasury Bond ETF, have spiked to over 130 million shares, up from 107 million last month.…
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Moody’s Debt Downgrade — Does It Matter?
This morning, markets are reacting to Moody’s rating downgrade of U.S. debt. For those promoting egregious amounts of “bear porn,” this…
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