RECORD MARKIT PMI PRICING
Wow! A broad measure of input pricing—Markit PMIs--rose to an all time high. Typically, such is associated with either rising consumer prices or falling margins or ...
22 February, 2021
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FRB CHAIR’S CONGRESSIONAL TESTIMONY COMMENCES TOMORROW
The WHO reported Friday the number of new coronavirus cases declined for the second consecutive day. Equites however ignored that factoid and sold off Friday on virus fears. ...
10 February, 2020
THE FED MEETING, FUNDING MARKET AND OER
It is often written the markets are a microcosm of the myopicy of current perspectives. The issue at hand is to recognize the next myopic dominating view. ...
10 December, 2019
THE JOBS REPORT AND POWELL’S COMMENTS
In my view the August labor report indicated more strength than weakness. Commenting about the perceived weakness, private sector and non farm payroll growth did nominally disappoint, posting a 130k and 96k increase, the gains were still considerably higher than the 100,000 new jobs...
09 September, 2019