Daily Briefing and from the Vault

U.S. markets saw more turmoil today as the fallout from…

Did the Banks Just Break?

The U.S. added 311,000 jobs in February while unemployment rose…

What the Hell Just Happened?

All eyes are on tomorrow’s jobs report as stocks struggle…

Should We Still Ride The Inflation Winners?

Job openings declined in January, as Fed Chair Jerome Powell…

Is There a Canary in the Coal Mine?

In his Senate testimony this morning, Fed Chair Powell came…

Did Powell Let The Bond Bears Out?

With more rate hikes looming, the market is trying to…

Is This the Calm Before the Storm?

Federal Reserve officials this week warned of more upcoming interest…

How High Will Rates Fly?

U.S. equities were relatively unchanged, but apparently they missed the…

If Cash Is King, Are Stocks Trash?

Industrial metals bounced after strong economic data out of China,…

Time To Tune In To Heavy Metals?

U.S. Treasury yields added to their monthly gains and equities…

Does This Oil Bounce Back Have Legs?

Tech stocks are leading U.S. equities higher as bond yields…

What Are Global Money Flows Telling Us?

U.S. stocks tumbled and treasury yields jumped after data showed…

Are People Evacuating Soft Landing Island?

U.S. equities continue to chop after falling from the recent…

Is There Pain Ahead for Risk Assets?

After the worst trading day in 2023, the U.S. stock…

Can Anyone Out-Hawk the Fed?

U.S. equities are tumbling as the 10-Year Treasury yield rose…

Are Markets in for a Rough Ride?

U.S. stocks are sliding into the weekend, as investors contemplate…

How Aggressive Does the Fed Need to Get?

U.S. producer prices (PPI) rose 0.7% in January, calling into…

The Battle Against Inflation is Far From Over

U.S. retail sales numbers came in much stronger than expected…

Is the Options Market Calling Off Recession?

U.S. inflation rose 6.4% YoY last month, down from 6.5%…

Are Markets Too Complacent About Inflation?

U.S. equities pushed higher as investors look ahead to tomorrow…

Markets Turn Their Gaze to CPI

All three major U.S. equity indices are poised to clock…

The Soft Landing Narrative Is a Trap (!)

U.S. equities gave up early gains and yields pushed higher…

Is This Rally Just a Blip?

Federal Reserve board members continue to call for more rate…

Inflation Is the Solution

In today’s session at the Economic Club of Washington, chairman…

Powell Reasserts “Tighter for Longer”