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Headline consumer inflation reached a fresh four-decade high in March, prompting an odd rally in both stocks and bonds. The explanation was simply...
The first quarter of 2022 showed (yet again) just how quickly the economy can turn. Fourth quarter GDP rose by an annualized +6.9%, making 2021 the...
The minutes to the March FOMC were expected to reveal committee discussion on the timing and magnitude of the Fed’s balance sheet reduction. This...
This morning, the ISM non-manufacturing index for March indicated the U.S. service sector is growing more optimistic after a sharp decline in new...
U.S. companies added +431k jobs in March, while upward revisions increased the January/February count by an additional +95k. Although March payroll...