Page 2 - Michael Darda News Today

Stop reading now if you don’t like bad news. Because there’s no way to sugarcoat the terrible report we just got. And the worse news is that the Fed is...

You almost wonder if the simplest sign that the Fed is making a policy mistake is any time the phrase “good news is bad news” rears its head.   And here...

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Jobless claims edged down last week to 250,000, but the number of Americans filing for unemployment benefits remains near the highest level recorded in eight months.

New applications for unemployment benefits ticked higher last week, evidence that the historically tight labor market is starting to loosen amid record-high inflation.

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

This may sound odd, but I was reminded while reading Ben Bernanke’s recent book on Fed history that we’ve actually been through “quantitative...

Money markets already betting on an almost half-point Federal Reserve rate hike next month received a wake-up call Monday from St. Louis Fed President James Bullard who said a three-quarter-point increase shouldn’t be ruled out.

“Don’t foam the runway just yet,” warned J.P. Morgan’s chief U.S. economist, Michael Feroli, yesterday. “A ‘soft-ish’ landing in 2023 looks...

The main–dare I say, the only–weapon in the macro bears’ arsenal right now is the flattening yield curve. When the Fed hiked rates yesterday, the...