Following Friday’s mediocre jobs report, the Atlanta Fed GDPNow Forecast made a surprising leap. The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the first quarte...
Recently, when Deutsche Bank stock was about 10% higher, the biggest German commercial bank declared war on Mario Draghi, as we put it, warning him that any further easing by the ECB would only push ...
Japan has adopted negative interest rates as the latest effort to revitalize its dying economy. But the country has been falling down the demographic cliff after its baby boom ignited a surge of spen...
Deals and Financings BeiGene (NSDQ: BGNE), a Beijing clinical-stage novel drug company, raised $158.4 million in its US IPO that showed strong interest (see story). The company priced the offering a...
How did the world get this way? I don’t mean the oncoming recession, if that is indeed, as it appears, the economy’s fate. How did the payroll statistics ever attain this kind of deference and eve...
The employment release provided some interesting insights into how manufacturing has fared, in the wake of the appreciation of the dollar (and the slowdown in the world economy). In particular, manufa...
I don’t believe it. That is, I don’t believe that we are over the effects of the Great Financial Crisis – the one that, according to Oz economist Professor Keen, 99.9% of professio...
There now is a cascade of negative news and investors are starting to get it. The litany of this was felt much of this week. Even supposedly great Employment News Friday investors caught up with the...
The Chart of the Day belongs to Tyson Foods (NYSE:TSN). I found the poultry processing stock by using Barchart to sort today’s All Time High list for the highest technical buy signals, the...
The US dollar traded higher before the weekend with the help a fairly robust jobs report. Although the jobs growth itself was somewhat disappointing, the details were constructive: More people work...