Equities were mixed Friday on contrasting statistics from China on how the coronavirus is spreading. Data was generally upbeat however some are concerned that retail sales were revised nominally lower in December. ...
Wow! The jobs data was a complete blow out. November’s payrolls climbed the most since January. October’s statistics were revised higher. The increase in wages is now at a cycle high. Yes the labor participation rate did decrease by 0.1%...
Treasuries declined about 1 ½ points, perhaps the result of consumer confidence unexpectedly rising to the highest level in three months. Analysts had expected a decline. The gauge of current conditions climbed to the highest level this year while ...
Was the attack on the Saudi Arabian oil processing plant a proverbial game changer along the same lines of 9/11? It is now thought it was the Iranians who orchestrated the event that shuddered about 50% of the Kingdom’s and 5% of the world’s...
Consensus is expecting the FOMC to lower the overnight rate by 0.25%. Is such necessary? Recent data is suggesting one of growing strength not weakness. As noted Guggenheim stated yesterday that it thinks the Fed should raise rates to ...