Hard hitting global and local news
The final (until revised later) estimate of first-quarter GDP matched economists expectation. How was surprising.
In a global comparison of 10-year government bonds, three countries have negative-yields and France is on the cusp.
Everyone knows what everyone else “says” they will do. But what will they really do, if pushed?
CNBC quotes Treasury Secretary Mnuchin as saying we are 90% there towards a trade deal with China. Uh, let’s clarify.
Trump will not exactly be pleased as the trade deficit in goods is headed the wrong way for his liking.
Using the Fed Funds Rate as the baseline overnight duration, the yield curve is inverted for nearly 25 years.
With Brexit emotions running high, let’s step back and calmly discuss the pertinent facts.
In a speech today, Fed Chair Jerome Powell took a swipe at Trump, then patted himself and the Fed on…
There is little to like in today’s residential sales report. New home sales dove 7.8% overall and prices also fell…
The Green Party is on the rise in Europe. Ramifications are immense, starting with the deindustrialization of Germany.