Food Prices Spike Again In August. What’s In Your Basket?
The BLS CPI report for August shows the price of food and beverages jumped 0.5 percent with food at home rising 0.6 percent.
Financial Markets Report For Thursday, Sept 11
In this video, Ira Epstein reflects on the significance of 9/11 before delving into the financial markets, highlighting new record highs in the stock market, while metals show modest gains.
US Deficit Explodes In August Despite Rising Tariff Revenues As Government Spending Soars
Here is a look at the latest Treasury Income Statement for the month of August, published earlier today...
Silver Surges Again After CPI Posts Biggest Gain Since January
There was more divergence in the gold & silver markets on Thursday, a trend we’ve seen several times throughout the year. This time, the divergence left the gold futures slightly down on the day, while the silver price took another leap forward.
GBP/USD Catches Fresh Bids On Renewed US Dollar Selling Pressure
GBP/USD rallied over one-third of one percent on Thursday, bolstered by fresh USD weakness as investors pile into bets that the Fed will finally be pushed into a series of interest rate cuts through the rest of the year.
Rate Spark: Bulls Pushing Down The Back End
We rarely see U.S. and euro rates diverge as much as on Thursday, but the bullish move from the U.S. won eventually.
Rate Cuts Into Rising Inflation And Unemployment
We discuss how an AI-driven melt-up collides with softer macro signals from PPI (falling demand, not “deflation”) and big labor-market revisions.