FED STATEMENT AT 2:00 PM
Some have commented the outcome of today’s FOMC meeting will create FRB Chair Powell’s legacy. Yesterday’s PPI was stronger than expected, rising 6.6% in May on an ...
Some have commented the outcome of today’s FOMC meeting will create FRB Chair Powell’s legacy. Yesterday’s PPI was stronger than expected, rising 6.6% in May on an ...
Will there be any change in monetary policy, the result of tomorrow’s FOMC meeting? As noted many times inflation is a two-part phenomenon…monetary and psychological. Both elements are ...
The traditional laws of Economics state surging money supply and negative real interest rates are supportive to inflationary growth. To date this law has not been violated but there is now a ...
Prices paid by consumers rose in May by more than forecast, extending a months-long buildup in inflation that risks becoming more ...
Yesterday’s data continued to suggest an economy is in the nascent stages of inflationary growth. Further statistics from the NFIB (National Federation of Independent Business) stated 40% of owners indicated they are rising selling prices in ...
Will a 15% global minimum tax be instituted? The Biden Administration initially proposed a 21% levy but dropped it to 15% to ensure G-7 endorsement. According to Bloomberg, the ...
The growth in May’s nonfarm and private sector payrolls was again disappointing, the result of supply constraints. Revisions in April data was insignificant hence supporting the ...
Markets were quiet as the tussle between economic optimism and inflation concern continued to play out. Energy led the market as crude is at the highest level since ...
The S & P 500 fluctuated and the NASDAQ little changed after manufacturing data topped estimates. The statistics also demonstrated manufacturers are struggling because of supply shortages and ...
Welcome to June. It is widely accepted interest rates are the primary determinate of asset valuations. Treasury yields fell in May and the high growth tech names declined the most since ...