The moderation in U.S. payroll growth in 2019 likely reflects a maturing labor market—one that is reaching full employment. But where does this leave Fed policy?
In the new year, the headwinds to global economic growth—trade uncertainties, rising inventories, stopped out monetary policy—are set to become even more daunting.
Technicals can be rationalized as a combination of artistry, technology and pattern recognition.
We do not believe the global headwinds to prosperity will be eliminated by a rollback of tariffs between the United States and China.
Carl Weinberg will break down what financial market participants need to now about BTU, BEU and PBS -- Brexit transition uncertainty, Brexit election uncertainty and post-Brexit stagflation.
Is it possible that low interest rates are driving deposits out of banks and into cash? If so, what does it mean for the banking system?
China's economy doesn't need stimulus to offset the impact of the U.S. trade war. The bigger threat: African swine fever.
Is the Bank of Canada more likely to hike interest rates, as slack evaporates, or to cut interest rates, following the Fed?
We are skeptical of the signal from the yield curve now given the likely distortion from non-U.S. as well as U.S. QE and negative bond yields in much of the world.