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TINA-TAR: There Is No Alternative To A Recession?
The financial markets seem to have concluded that Fed Chair Jerome Powell has decided to go Volcker on us. During…
Recession
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Housing Already Hard Hit By Fed Tightening
Fed officials have been saying that they are aiming to raise the federal funds rate from an accommodative level to…
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Major Housing Crash?
Billionaire real estate investor Barry Sternlicht said he believes the economy is "braking hard" and that the continuation…
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Slow Moving Economy
August's industrial production and inflation-adjusted retail sales reports today show that the US economy is growing, but just…
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Powell's Fugetaboutit Speech
Fed Chair Jerome Powell did pivot on Friday morning at Jackson Hole in his 8-minute speech on the outlook for…
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Flash US Business Indicators Flashing Orange
S&P Global released its August flash indexes based on its surveys of US manufacturing and non-manufacturing purchasing managers.…
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Bear-Market Rally Or New Bull?
We won't keep you in suspense: We think the bear market in the S&P 500 bottomed…
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Plenty of Sunshine In Q3's GDPNow & July's CPI
There's lots of sunshine in the Atlanta Fed's GDPNow tracking model. Today's estimate shows…
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No Recession In Truck Tonnage & Employment
The trucking industry didn't get the recession memo yet. The ATA's For-Hire Truck Tonnage Index increased…
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It's A Banana!
Real GDP fell 0.9% (saar) during Q2, following a 1.6% decline during Q1. That's a "…
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