10+ hour, 38+ min ago  (875+ words) JD Vance was supposed to be in Switzerland on Friday for the opening round of new peace negotiations with Iran. It's possible that by the time you read this, he'll be there, or at least en route. But regardless of…...

4+ hour, 51+ min ago  (1230+ words) I imagine (I hope) this has occurred to someone other than me, but just in case: No one who'd accept the position of Fed chair under the current domestic political circumstances in America deserves "the benefit of the doubt." True,…...

2+ day, 11+ hour ago  (241+ words) Look out: US retail sales are comin" in hot, goddammit! Nominal spending across the world"s largest economy easily outstripped consensus in this week"s only top-tier US macro update. A key underlying aggregate used to refine GDP forecasts was…...

3+ day, 11+ hour ago  (828+ words) Don't worry, it's all part of the plan. Or part of a plan that aims to make the best of what I can't help but describe as an increasingly difficult situation in China, where the statistics bureau on Tuesday delivered…...

1+ mon, 1+ week ago  (455+ words) The fundamentals are sound! How many times have I said that recently amid a US equity rally which, built on towering profits or not, feels dangerously detached from nebulous notions of "reality? A lot. I've said it a lot. And…...

4+ day, 7+ hour ago  (419+ words) The fundamentals are sound! How many times have I said that recently amid a US equity rally which, built on towering profits or not, feels dangerously detached from nebulous notions of "reality? A lot. I've said it a lot. And…...

4+ day, 9+ hour ago  (453+ words) Different month, same joke: There's a "legendary" builder in The White House. That means US homebuilders should be lovin' life, right? To be fair, the homebuilder depression dates to the four-year interregnum when Donald Trump wasn't president. In 2022, Fed rate…...

5+ day, 5+ hour ago  (672+ words) Much to the chagrin of " let's round up or, who knows, maybe I'm actually rounding down here " the one-third of American society inclined to anemoia for the Antebellum Era, it's a holiday-shortened week in the US. Friday's Juneteenth, and if…...

5+ day, 9+ hour ago  (677+ words) Which Kevin Warsh will show up" at this week's FOMC press conference, Bloomberg Economics wondered. The recent advocate of lower rates, or the inflation hawk we saw during and after the Global Financial Crisis?" It wasn't a rhetorical question, but…...

1+ mon, 1+ week ago  (958+ words) I reckon I'd raise rates. If I were the Fed, I mean. I'd need to check my mortgage documents first and be sure I didn't misspeak while addressing lawmakers about interior decorating decisions at the Eccles building, lest I should…...