The President released his budget yesterday. The Administration is proposing a $6 trillion budget for fiscal 2022 and total spending to rise to $8.2 trillion by 2031....
As noted many times inflation is a two-part phenomenon…too much money chasing to few goods fearing higher prices tomorrow. It is monetary and ...
Change is the only certainty. BlackRock stated yesterday that its “monster” $16 billion momentum factor fund will see “an astounding” 68% of its portfolio change in order to ...
Is there any correlation between Bitcoin and the NASDAQ? At casual glance one might be emerging given that several times crypto currencies began to decline the ...
Equities led by technology rose following a report showing applications for weekly insurance claims fell to a fresh pandemic low. Oil declined nominally on headlines that a ...
Equities were mixed until a late day sell off, the result of rising inflation fears and scant liquidity.. Some attention was focused on housing starts. Starts fell by more than ...
Equities were mixed. Technology was modestly lower while the industrials modestly higher. The inflation debate is front and center. In my view this is one of the few times the ...
It is said the most dangerous phrase in the markets is “it is different this time.” As widely discussed, inflationary expectations are at the highest level since 2006. Household inflation is ...
The PPI rose in April by more than forecast, adding to signs of a growing wave of inflationary pressure that’s extending to American consumers. The data was the strongest since 2010 but ...
April’s CPI greatly exceeded estimates by all dimensions. The core CPI, which excludes food and energy, surged by 0.9% versus a 0.3% estimate. The surge was ...