The Big Picture

> The Fed’s discount rate hike to .75 from .50 is necessary due to surging inflation the past few months. At this point, the Fed...

Time to look at he LEIs again: > ECRI leading indicator starting to decline rapidly Chart courtesy of Société Générale

Some of the recent data points are still pointing towards Deflation — not Inflation. Consumer prices rose less than expected in...

A look ahead of today’s market action, with Arthur Cashin, UBS Financial Services director, floor operations. Airtime: Fri. Feb. 19...

An animated short that re-imagines Los Angeles as a city made up of nothing but corporate branding, populates it entirely with corporate...

Let’s see. The Fed hiked a rate even though it wasn’t the policy rate. The Fed shortened a term even though it wasn’t the...

As noted yesterday and earlier this morning, the surprise Fed discount rate hike has everyone guessing as to the motivations: •...

From the BIS, a paper on the future of public debt, some lucid and helpful musings on the entitlement mess on the other side of the...

Yesterday’s surprise hike in the discount rate has US futures sharply lower, though the rest of the trading bourses seem hardly...