The FT and Reuters have the full stories, but for your morning snack--GOOG/L beat on the top line because of Search + Other/You...
Read moreEquity futures are in the green as the bond market chills out (for now)....
Read moreThe 10-yr UST yield moved past 5% for the 1st time since 2007, increasing > 40 bps this month given stronger-than-expected US d...
Read moreLooks like the Fed will hold steady at the next meeting, but Powell kept door open for rate hikes, saying they could hike if the ...
Read moreThe 10-yr UST yields are around 5% for first time since 2007, per the FT. So, you’re starting to see some investors adding d...
Read moreArab leaders cancelled their planned summit with Biden after the Gaza hospital blast, per Reuters. This is a precarious ...
Read moreStocks surged yesterday without any obvious catalyst and are back down again today. Longer-duration UST, which have been doin...
Read moreLooks like investors sobered up over the weekend, realizing that inflation is remaining high. The 10-yr UST nominal and re...
Read moreThe market was going about its uneventful day when a crummy UST 30-yr bond auction in the early afternoon (Bloomberg) sent lon...
Read moreUS consumer prices are up for the 2nd mo. So, equity bulls hoping for deflation signs are going to have to wait a bit longe...
Read moreUS producer prices increased more than expected in Sep due to higher energy costs. The IMF just came out and noted that if ...
Read moreFor all the tough language Fed officials have had in the past year, these days they seem to be walking it back. More are arg...
Read moreOil is up, on the back of Israel’s retaliatory strikes on the Gaza Strip after a surprise offensive by Palestinian m...
Read moreThe US’ payroll figures rose more than expected, so US equities are down this morning, and long-duration bonds are getting hit with a m...
Read moreIt’s over 90 degrees in NorCal, so much for fall. Also, US jobless claims held near recent lows, increasing only a bit to 207k ...
Read moreUS companies added 89k jobs, the lowest level since early 2021 per ADP. Pay growth slowed as well. Underneath the hood, “fun”...
Read moreRates will be higher-er for longer-er. Yesterday, Cleveland Fed’s Mester said, “The economic projections released by the FOMC ...
Read moreCongress reached a deal to avert a government shutdown over the weekend, for now. Check back in a month to see if we’re here aga...
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