The recent CPI and retail sales reports, which were released on Friday when the markets were closed, may have brought in a new wave of dovishness to the markets: These reports – mostly the CPI that showed an unexpected drop…
The employment situation in the U.S. is still on solid ground with unemployment dipping to its lowest level in years; and even the broader unemployment rate (U6) measure has fallen to its lowest since December 2007. But the number of…
The talks over the Trump trade continue to cool down as the markets are slowly adjusting to the fact that perhaps there will be far fewer legislations passed under the current administration – including on tax reform, health care and…
The recent debacle of the GOP over its attempt to pass healthcare legislation (repeal and replace the ACA) has put into question, at least for some market participants, whether other legislations will pass – including tax reform. This shift help…
The Ides of March continue echoing and echoing. We discuss further fallouts from the Fed and move to on markets, which are also falling out. Is this the beginning of a downfall? You are welcome to listen, subscribe, provide feedback…
The Fed, as expected, raise rates by 25 basis points to 0.75 to 1 percent. This wasn’t a surprise. But the FOMC didn’t revise its dot plot and left as members still expect only two more hikes this year. The…
The NFP report came better than expected – 235K jobs added in February – enough to clear the path for the Fed to raise rates in the upcoming meeting that will conclude on Wednesday. This news, however, doesn’t vote well…
The U.S. non-farm payroll, yet again, beat estimates on jobs growth: 235K vs an estimated growth of 196K (The ADP estimated a gain of 298K jobs) in February; and wage growth came at 2.8% in annual terms – in line…
Fed officials were able to influence markets that a rate hike in March is a very likely option. This shift has not only raised long term interest rates but also bullion price. This week the markets will look for additional…
The bullion market is still on a roll with gold and silver gaining nearly 2% last week, as the USD devalues against the Yen and long term interest rates fall – the 10yr Treasury yield fell to 2.31 on Friday…