The Fed's efforts to calm the markets expanded their balance sheet substantially. They now hold more Treasuries than all other central banks combined.... Read More
Medical care costs declined by their largest amount on record in October.... Read More
The number of temporary layoffs and permanent job losses will become key metrics to watch if another round of lockdowns become a reality in the U.S.... Read More
Despite many markets moving sideways over the past few months, 2020 remains a year of extreme returns.... Read More
Investors pulled one of their largest sums on record out of stock mutual funds and ETFs.... Read More
A look at the size of various markets compared to the U.S. economy... Read More
Foreigners continue selling Treasuries, but equity demand remains strong.... Read More
Used car prices continue to rise at a feverish pace.... Read More
The number of job losers due to temporary layoffs continues to move lower, but the number of permanent job losses is still on the rise.... Read More
Recently we have looked at some of the impressive monthly or YTD returns in stocks, bonds, commodities and currencies. This month we take a step back to see how these huge swings have affected returns over a longer timeline.... Read More
Despite another month of healthy stock returns in August, investors pulled one of their largest sums on record out of stock mutual funds and ETFs.... Read More
The Fed's efforts to calm the markets the past few months expanded their balance sheet substantially. They now hold more Treasuries than all other central banks combined.... Read More
Used car prices rose 5.4% in August, the largest monthly increase since March 1969.... Read More
The number of job losers due to temporary layoffs continues to move lower, but the number of permanent job losses is still on the rise.... Read More
2020 has been a year of extremes in many markets.... Read More
Despite another month of healthy stock returns in July, investors pulled one of their largest sums on record out of stocks mutual funds and ETFs.... Read More
The Fed's efforts to calm the markets the past few months expanded their balance sheet substantially. They now hold more Treasuries than all other central banks combined.... Read More
Core CPI jumped at its fastest rate in almost three decades in July. However, inflation still remains below the Fed's 2% target.... Read More
Classification errors continue. The employment report is simply not structured for this environment. It is structured on the assumption that the country is adding new jobs and growing the economy.... Read More
The dollar declined 4.15% in July, marking the worst monthly return since September 2010.... Read More