11 of the last 13 months have seen negative downward revisions to Industrial Production...

Another month passed without signs a recovery in the freight cycle was on the horizon. “Still waiting for it,” Cass’ April update on volumes and pricing stated.

The recent surge in debt will only further handicap our economy and prosperity in the future...

"The empire could no longer afford the problem of its own existence."

‘We need to deal with the debt and the deficits,’ Goldman Sachs CEO David Solomon said...

 “An increasing number of borrowers missed credit card payments, revealing worsening financial distress among some households.”

Biden's biggest threat to small businesses is still to come...

...and if not, will he explain why he is so desperate to start cutting rates (before November?)...

So, no, The Fed does not have inflation under control...

Whose side will Chicago Mayor Brandon Johnson be on if protesters become lawbreakers at the August Democratic National Convention in Chicago, and how will he direct police to respond?

Powell is scheduled to speak tomorrow, but the timing presents a few potential landmines for the Fed Chief. Powell’s remarks will come after the release of April PPI figures, but ahead of the CPI report.

Also, there are several speaking engagements from Fed officials this week, including an event with Vice Chair Jefferson and Cleveland Fed President Mester on Monday and an event with Chair Powell on Tuesday.

One of the more disturbing trends in China, though, is the effort to use large infrastructure projects to hide the nation's deflationary decline...

Fresh out of unicorn farts?

Chasing yield at any cost has typically not ended well for most.

The question is, what is the breaking point in the USDJPY pair after which investors start to flee?

"It’s not hard to see why concerns about the future of cash are on the rise..."

Researchers found that globalization has led to greater income inequalities within many countries

It was another week where there were plenty of problems that we can point to, but both stocks and bonds went higher. Perhaps there is some truth to an observation a trader once made to me: “bears sound smart, but bulls make money

The economic collapse meant to greenlight rate cuts is coming right on schedule.