Despite a Strong Payroll Report and a “Hot” September CPI Inflation Continues to Cool
The newly declared “war” in Israel adds to global economic uncertainty. The human tragedy is, of course, horrific, and we are saddened by it. There are, however, unknown economic implications, not only around the military responses, but also involving fiscal responses and the implication for major oil producers. It’s too early to draw any conclusions, […]
We Don’t Live in “Normal” Times
The equity markets are in one of those rare moods where they continue to rise no matter the news, even when there are riots in the nation’s capitol complex, and when non-farm payrolls fall -140K. Would you say this is “normal?” Regarding inflation expectations, interest rates rose rapidly along the Treasury yield curve with the […]