By Doug Noland The U.S. ran a $71.6 billion Goods Trade Deficit in December, the largest goods deficit since July 2008’s $76.88 billion. The U.S.
By Jeffrey Snider While there are those who saw October and more so November spikes in real estate and housing estimates as the beginning of
By Anthony B. Sanders December existing home sales, according to the National Association of Realtors, fell -3.6% from the previous month. This was worse than
By Jeffrey Snider As most people know, the Kansas City Fed has been holding its annual symposium in Jackson, WY, for a very long time.
By Callum Thomas Something interesting has been going on in one of our commodity intermarket models. While the price of copper has surged back from
By Jeffrey Snider On November 29, 2009, the government of Dubai shocked the world with a statement acknowledging trouble with its debt load. Dubai World,
By Kevin Muir Well it’s happening. It might be subtle. You might not be able to point to X causing Y, but make no mistake
By Doug Noland Ten-year Treasury yields jumped 11 bps this week to 2.66%, moving decisively above the key 2.60% technical level – to the highest
By Jeffrey Snider Why do humans tend to behave in herds? It’s a fundamental question that only recently have researchers been able to better understand.
By Jeffrey Snider What determines the price of gold? It seems like it should be an easy question to answer, but gold more than perhaps
By Joseph Calhoun Economic Reports Employment We received several employment related reports in the first two weeks of the year. The rate of growth in
By Doug Noland This might be the most fascinating market backdrop of my career. Not yet as dramatic as 1987, 1990, 1994, 1997, 1998, 1999,