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The price of West Texas Intermediate crude oil jumped above $40 last week for the first time this year. Since bottoming in mid-February, crude is up 58% trough to peak. The initial catalyst ...
The Nasdaq has been walloped of late, in case you hadn’t noticed. After being untouchable last year, it is unwatchable this year, down 15% from its December high. Many see this as a...
The unemployment rate has fallen below the 5% threshold for the first time since the 2008-09 recession ended, hitting 4.9% for January. But the government reported Friday that non-farm payrolls ...
If the energy sector can get some relief, the overall market will as well. Ed Yardeni, of Yardeni Research, notes that S&P 500 earnings fell 14.1% in 3Q15 over 3Q14. But that becomes a 3.4% rise...
At the end of last year, we looked closely at the aging of the United States. Now is a good time to take a look at China’s demographics, and how the aging of that country feeds into the growth...
Despite rising employment, an improvement in wages and lower gasoline prices, American consumers are doing something that they have rarely done in the past five decades: They are spending less on...
The Chinese yuan dropped in value three straight days until Friday, finishing the week with a 3% loss. Beijing authorities tried to stabilize the situation by saying the currency didn’t have...
Regional and money-center banks are red-hot lately. And Jack Ablin, the chief investment officer at Bank of Montreal, thinks he knows why — and what it means. I have served on many investment...
Last month, China finally put its foot down. It actualized the threat it’s been peddling since 2018: shutting down all mining within its borders. The price of Bitcoin (BTC, Tech/Adoption Grade...
If you’ve browsed our issues over the past two weeks, you’ll see two stories popping up a few times: the rise of inflation and the acceptance of Bitcoin (BTC, Tech/Adoption Grade “A-”) as legal...