With the summer coming to a close, Fed officials will head to Jackson Hole for their annual symposium. Financial conditions have loosened lately despite the forceful rate increases, which is counterproductive for the central bank. Read more…
Credit: Amazon Whether it’s to have a family movie night or it’s to enjoy your favorite weekly TV show, having a nice TV can make all the difference. Unfortunately, it can be hard to try Read more…
The US dollar has quite expectedly accelerated its rise. EURUSD is trading less than 50 pips from parity, which it managed to defend in mid-July, having retreated from 20-year lows. GBPUSD has also quickly returned Read more…
If you’re walking out of a big-box grocery retailer feeling as if you’ve dug a lot deeper at the checkout, you’re not imagining things. Here’s a phrase every consumer should understand: “purchasing power.” It represents the Read more…
Markets: A new day, a new sell-off on core bond markets. This week showed that the Summer lull is definitely over. Four Fed members dotted the i’s and crossed the t’s yesterday. Current market positioning Read more…
EUR/USD under pressure as recession looms The euro struggles over dimming growth outlooks. The recession risk is not negligible given the energy crisis in Europe, and growth data have pointed to a slowdown. However, a Read more…
Retail sales rose modestly in June, up 1.1% from a month ago. This is well above Statistics Canada’s preliminary estimate for a 0.3% gain. However, growth was considerably softer in inflation-adjusted terms, with the monthly Read more…
Amazon’s Fire TV Stick 4K Max is $39.99. | Photo by Chris Welch / The Verge A streaming stick should definitely be on your back-to-school list if you’re heading back to college. After all, a Read more…
US oil exports reached a record last week at five million barrels a day, according to Energy Information Administration data. Moreover, EIA reported the US oil inventory shortage by 7 million barrels last week, combined Read more…
Back in late June, we talked about spotting a bear market rally, and how the market tends to rise though summer. Since then, most stock markets around the world have risen, and the Nasdaq even Read more…