Equity markets were again relatively quiet.  There was some discussion regarding January’s CPI data.  A plunge in January’s energy costs pulled the CPI down by 0.7%, the biggest decline since 2008 but ex food and energy, costs rose by 0.2%.  The data confirmed the Fed’s...

There are number of countries that already have negative interest rates and JP Morgan was the latest money center bank who will begin charging large depositors a surcharge to hold their deposits.  Will this force companies to begin expanding?...

About fifteen years ago the common mantra on Wall Street was that the business cycle is dead partially predicated by the mutlipolarity and interconnecting business relationships.  Why would ABC go to war against XYZ for ABC owns businesses/lent money to XYZ.  Economic interests would reign...

In my view January’s labor report was strong in many dimensions.  Non-farm payrolls rose by greater amount in January than expected.  More importantly the December’s and November’s were revised higher.  The unemployment rate did rise to 5.7% from 5.6% but this was the result of...