Confidence among U.S. consumers fell in the month of June to the lowest level in 28 years. The culprits are record-high energy costs and...
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This morning, we have two interesting economic data points: Personal Income & Outlays, and the University of Michigan’s...
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The Fed is walking a tightrope between inflation and a recession, hoping to find its way to neutral. Bill Gross, of PIMCO, shares their...
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Very interesting video from SquawkBox Wednesday morning — I thought Doug Dachille of First Principles Capital Management did a nice...
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The well-parsed FOMC statement remains too cheery on growth, not concerned enough about inflation — and is totally irrelevant. What...
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Fascinating discussion a few weeks ago in welling@weeden with Albert Edwards and James Montier of Societe Generale, reprinted with...
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>"All models are wrong; some are useful."–George P. Box > I enjoy intelligent criticism. It forces you to tighten...
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$4.05+ average national gas costs and $140 barrel oil is having its effect: Demand destruction brought about by high prices has lead to...
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That’s the question asked by the Washington Post: "Soft? You betcha. In recession? Quite possibly. And a crisis in the...
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