Two things count the most: The policy response to the Covid surge in China and US inflation
Outlook: This week in the US it’s mostly housing data, consumer confidence and a biggie, personal income and spending on Friday–but Friday is the day
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Outlook: This week in the US it’s mostly housing data, consumer confidence and a biggie, personal income and spending on Friday–but Friday is the day
Wall Street has convinced itself that the Fed will soon engineer a "soft landing" by bringing down inflation without an accompanying recession
Macro Perspective on the Capital Markets, Economy, Geopolitics, Technology, and Digital Media
Grantham, who diagnosed a "superbubble" spanning stocks, bonds, and housing last August, confirmed he's betting against the Nasdaq and junk bonds.
The UK was branded an emerging market economy after its budget fiasco. But that intended slur misses the mark.