Daily Briefing and from the Vault

The U.S. dollar climbed to a fresh two-decade peak to…

Why We Need To Watch the Japanese Yen

Is the Bank of Japan brewing up a Netflix-blockbuster-level disaster…

Are the Bank of Japan and Netflix Disasters in Progress?

The major U.S. equity indexes were all up more than…

U.S. Stocks Rally on Strong Start to Earnings Season

“The Fed has been in the business of suppressing volatility…

Why You Need To Know About the High-Yield Bond Market

The average 30-year mortgage rate in the U.S. surged past…

Is It Time to Talk About Hyperinflation?

The Bureau of Labor Statistics’ report on the producer price…

Is Inflation the Only Thing That Matters Right Now?

The Consumer Price Index increased 8.5% in March compared to…

When Will Inflation Abate, and What Will Make That Happen?

The Consumer Price Index for March is going to generate…

Where We Are in the Market Cycle

The U.S. dollar index hit 100 for the first time…

The U.S. Dollar Continues To Show Its Strength

WTI gave back early gains today, as member-states of the…

Markets React to Crude Chess Games

Minutes to the Federal Open Market Committee’s March meeting reveal…

Faster Balance Sheet Runoff, Steep Rate Hikes Have Markets Spooked – LIVE from San Diego

With the minutes of the Federal Open Market Committee’s March…

Fed Voices Get Hawkish on Inflation – LIVE from San Diego

Today marks 40 days since Russia invaded Ukraine. U.S. equity…

What’s the Message From Recent Price Action? LIVE From San Diego

Real Vision co-founder and CEO Raoul Pal joins Maggie Lake…

How To Make Sense of All These Inflationary Pressures

President Joe Biden announced a plan to release from the…

Will Crude Oil Constraints Continue To Drive Inflation?

The Japanese yen, long a safe haven, is not reacting…

What’s Wrong With the Yen, and Why Is It Important?

Although no formal agreements have been reached, Moscow has said…

Is the Market Pricing In Peace?

As Jared Dillian puts it, when the prices of things…

Is Recession the Only Answer to Inflation?

Inflation is at four-decade highs in the U.S., and supply…

How Fragile Is the Global Funding System?

The Federal Reserve was already staring down an inflation problem…

Markets Have Their Own March Madness

In another sign energy is now a second front in…

A Hawkish Fed Eyes Inflation (and Not Much Else)

Federal Reserve Chair Jerome Powell said on Monday, “Inflation is…

The Fed’s Hawkish Tone Hits the Bond Market Hard

We’re nearly one month into Russia’s war against Ukraine. Officials…

As Gas Spirals, Can Europe Divorce Russia?

St. Louis Federal Reserve President Jim Bullard was the only…

Do You Believe the Stock Market or the Bond Market?