Stocks end mixed
The major indices traded in and out of positive territory throughout much of the session, but only the S&P 500 Index (SPX) and Nasdaq Comp. managed to close up…
Read MoreThe major indices traded in and out of positive territory throughout much of the session, but only the S&P 500 Index (SPX) and Nasdaq Comp. managed to close up…
Read MoreFOMC's latest Summary of Economic Projections shows rates to remain near zero through 2023
Read MoreIn today’s macro post, Interest expense and excess liquidity update, we discuss how Gross Federal Debt servicing has collapsed with lower rates.
Read MoreIHS Markit reported that manufacturing activity expanded, but at a slightly slower pace than November.
Read MoreRetail sales data came in worse than expected with negative revisions to the October data.
Read MoreIn our December Macro Slide Deck, we added a new slide that looks at the Government Debt and the cost of servicing it. Since we can remember, Federal Reserve…
Read MoreToday is going to be a very interesting macro day. We have a look into Retail Sales in November, a post FOMC meeting Fed press conference, and further relief…
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