Since the core CPI (chained) is about 11% higher than in June 2021, that means the relative price of gasoline is 11% lower than then.

Consumers are tapped out and real estate is frozen.

March Corn broke through the 470 support level yesterday – in sympathy with a plummeting bean market which was pressured by Brazilian rain.

The Fed minutes of the December 12–13, 2023 FOMC meeting were released today. Would you believe 6 rate cuts in 2024?

Stocks finished the latest trading day of the year with their second consecutive day of losses.

The ISM manufacturing index, where any value below 50 indicates contraction, once again came in negative for both the total index, at 47.4, and the more leading new orders subindex, at 47.1.

​​​​​​​In the dynamic world of oil markets, recent developments have sent shockwaves throughout the industry.

In order to have a successful monetary policy, it is necessary to understand what success looks like.

Exxon stock is currently down nearly 15% versus its 52-week high.

When markets rally, the underlying assumption is that they’re doing what they’re supposed to do. When markets sink, the questions typically have a “what’s wrong” tone. 

Over the past 20 years, gold mining in Russia has almost doubled, while in the United States has almost decreased by half.

Technical analysis of the stock chart for the S&P 500.

Assets bid up by irrational amounts eventually end up on clearance sale. Always.

The US and Foreign 10yr-3mo inversion remain deep (although not as deep as in March)

An analysis of materials stocks.

Market anticipates potential policy easing in Fed's December FOMC minutes; six rate cuts priced in by futures data.

The ISM index is down 14 straight months, new orders down for 16 straight months, but production ticked into positive territory in December.

​​​​​​​Small-caps stocks have been a noticeable laggard for over two years.

Today, Bitcoin's price dropped by over $4000 in the space of just a few hours.

This morning’s JOLTS report for November continued the same trend of labor market deceleration that we have seen since the blazing hot boom of 2021.