Chair Powell: “So, what we said was that uncertainty about the economic outlook has diminished but remains elevated. Many, many surveys say that… And [...]
Marines deployed to Los Angeles. A U.S. Senator wrestled to the ground and handcuffed. Israel executing a surprise decapitation attack on Iran’s military [...]
When you thought things couldn’t possibly get any weirder… (“Have a nice day, DJT!”) “Uncertainty” is the word of the year, for an environment [...]
The S&P500 traded within 3% of February’s record high in Thursday trading. To be sure, the rally off April lows has been nothing short of spectacular. [...]
Long-bond (30-yr) Treasury yields traded to 5.15% intraday Thursday – the high back to July 2007. This followed on the heels of Wednesday’s spike in [...]
Give Credit where Credit is due. Cooler heads prevailed. It was in both the U.S. and China’s interests to end what was effectively a trade embargo between [...]
Sure got the old neck stuck out this time. Markets have rallied, financial conditions have loosened, and debt markets have reopened. I’m not dissuaded. The [...]
In a way, it’s all going down as it typically would. “Risk off” gains sufficient momentum to spark destabilizing deleveraging. Markets approach the [...]
After three decades, I remain as skeptical as ever. Unconstrained Credit is destabilizing. Market-based (as opposed to traditional bank) finance took hold [...]
Ten-year Treasury yields fell 16 bps this week, reversing about a third of last week’s spike. MBS yields dropped 19 bps after last week’s 56 bps surge. The [...]
Please join Doug Noland and David McAlvany this coming Thursday, April 17th, at 4:00 pm Eastern/2:00 pm Mountain Time for the McAlvany Wealth Management [...]
“Worse than the worst-case scenario.” “Liberation day,” a day that will live in infamy. Financial Times Editorial Board: “America’s Astonishing Act [...]
