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Charles-Henry Monchau
7 Reforms to Watch in Kamala Harris’ Economic Blueprint By Charles-Henry Monchau - Sep 27, 2024 4

With the US presidential elections just a few weeks away, we take a look at the economic and social program of the Democratic candidate for the White House. Following the interest rate cut announced...

Jeffrey Roach
Does the Economic Data Support More 50bps Cuts? By Jeffrey Roach - Sep 27, 2024 1

Annual consumer inflation decelerated in August to 2.5% from 2.9% in July, giving the Federal Reserve (Fed) flexibility to focus on the job market. In the Fed’s eyes, the balance of risk shifted...

Ed Yardeni
Revisions Show US Economy Is Still Flying High By Ed Yardeni - Sep 27, 2024 1

Hard luck for the hard-landers yesterday. Yesterday's GDP report was full of upward revisions: Some of the hard-landers expected GDP to be revised lower after a large gap between GDP (which measures...

Ipek Ozkardeskaya
Where Are the Oil Bulls? By Ipek Ozkardeskaya - Sep 26, 2024

The global economy is settling into a newfound stability and central banks can continue to cautiously cut rates, said the OECD yesterday, but warned that the major central banks should maintain their...

Michele Schneider
Watch the Long Bonds for Any Signs of Risk-Off Sentiment By Michele Schneider - Sep 26, 2024

Instead of falling after the Fed lowered rates, the 10-year and 20+ year yields have risen. This seems incongruous given the dovish Fed talk. However, a lot of the cuts were baked into the bonds...

Charles Hugh Smith
2 Ways Deflation of the ‘Everything Bubble’ Can Play Out By Charles Hugh Smith - Sep 25, 2024 6

Causes generate effects. As noted in my previous post, if causal conditions have changed, the "guarantee" offered by statistics is empty. This leads to a simple question: what's changed? Have the...

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