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There Is No Gold But Gold

“GOLD.” That’s it; that’s the tweet Jared Dillian has published twice in the last couple days, as

Is There Light at the End of the Inflation Tunnel?

As detailed in the just-released minutes of the January meeting of the Federal Open Market Commit

Investors Shrug Off the PPI as Ukraine Tensions Ease

The Producer Price Index, a measure of wholesale prices and a key input for consumer prices, rose

Will the Fed Be Forced To Make a Move Before March?

The University of Michigan Consumer Sentiment Index for February read 61.7, down from 67.2 in Jan

Pressure on the Fed Rises as the CPI Hits a 40-year High

The Bureau of Labor Statistics reported this morning that the Consumer Price Index for January 20

Between "Inflation and Deflation" Lies More Volatility

Japan Machine Tool Orders, the best leading indicator of the global industrial cycle, accelerated

Did Macron Convince Putin Not To Invade Ukraine?

President Emmanuel Macron of France met with President Vladimir Putin of Russia in Moscow on Mond

Can Small-Cap Stocks Help You Beat Inflation?

The small-cap Russell 2000 Index posted an impressive 14.8% gain during 2021, but nearly all of i

"Whiplash Week" Ends With a Jobs Jolt

It wasn’t just the nonfarm payrolls data for January that moved markets on Friday. Upward revisio

The ECB Joins the Inflation Fight

European Central Bank President Christine LaGarde now concedes the potential need for a rate hike

The Fed Probably Won't Raise Rates Seven Times in 2022

The ADP employment report for January showed a net loss of jobs, consumer spending is slowing, an

Commodity Markets Rise to the Drums of War

It’s already been a good year for hydrocarbons, with crude oil and natural gas prices rising alon

Equity, Bond Prices Suffer Ahead of Fed Tightening Cycle

Stocks surged on the last trading day of the month, but it was still the worst January for the Na

Inflation and Yields and War, Oh My

A favorite Federal Reserve inflation gauge, the core personal consumption expenditures index, mea

GDP Comes in Hot as Investors Prepare for Higher Interest Rates

The Commerce Department reported the fastest annualized rate of U.S. gross domestic product growt
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