Labor Market
August Uptick In US Core CPI Doesn’t Derail Disinflation Process…
Greek Stock Rally Is Long In The Tooth…
Despite the disastrous performance by former President Trump in the debate with Vice President Kamala Harris, there are still paths for him to come back to power. The economy and global instability could flare up anytime between now and election day, while quirks in the Electoral College ensure that the election will be close. The race is still competitive and policy uncertainty and volatility will be elevated.
US Small Business Optimism Unexpectedly Declined In August…
UK Wage Growth Decelerates…
Swedish Spreads Augur Poorly For Eurozone Stocks And Currency…
Crucial leading indicators of the global and European economies continue to deteriorate. How should investors position their European portfolios to benefit from these trends?
August Payrolls Presage Higher Unemployment Rate…
25 Or 50 Bps?
25 Or 50 Bps…
This morning's employment report, particularly the downward revisions to prior months, strengthens our conviction that the US economy is headed for recession.