Payrolls were up in Nov, unemployment fell to 3.7%, and hourly earnings increased 0.4%—matching the largest gain of the year. So...
The demand for the Fed’s standing repo facility is at its highest since Mar 2020, per BBG, which could me...
Traders had their eye on the private payrolls number, which came in cooler than expected. They increased 103k last mo, which was lower than expec...
This morning we get the ISM data on the heels of the JOLTS data which showed that job openings were lower than expected. So, yields are ...
Per NOSO, 63% of investors expect their personal investments to increase in 2024. They ar...
In the US, mortgage rates fell for 5th straight week to 7.22%, per Bloomberg. Those looking to secure a mortgage will be happy, althou...
The Fed’s favorite inflation gauge came in as expected, with PCE rising 0.2% in Oct, or 3.5% y/y. The EZ is actually ah...
Buffett’s partner and investing legend, Charlie Munger, passed away after decades of compounding returns. He and his comedi...
Various folks from the Fed are out chit-chatting about the economy, which means that markets can flip flop based on what trader...
Gold hit a 6-mo high, closing above $2k/ounce on Friday. The USD is down a little bit. China’s industrial profits exhibited a...
Expect today to be a quiet, shortened trading session here in the US, as most folks “work from home” and try to fi...
NVDA rev tripled, due to the AI chip boom, and the co beat on both the top and bottom lines—to the relief of tech investors e...
Markets are pricing in a ~30% chance of a Fed rate cut in Mar. Today we get minutes of the last Fed meeting, which could furth...
Per UBS, the SPY’s forward P/E ratio is 18.9x. Profit forecasts for 2024 have slowly come down since Labor Day. So, any con...
JPM captures the current sentiment I sense with: "S&P500 is 4607 (Just 2.5% from current levels) and the All-time high wa...
That’s what Biden called Xi. While it’s true, sometimes you don’t have to pick a fight at Thanksgiving in person. So,...
US retail sales slowed in Oct, with prior months revised higher, net-net being stronger than expected going into the holiday ...
To the races, as only equity markets can do with an inflation reading that is better than expected. Inflation was flat in Oct ...