What’s Behind the Recent Rally in Crude, Looking Ahead What’s Next?
Tyler Mitchell The price of West Texas Intermediate crude bounced 6 percent from a recent low. What’s going on? Chart…
Trump Refuses a Second Debate With Harris, Good Move?
The answer to this is obvious. Trump is a proven terrible debater who does not practice and cannot…
The Cost of Rent Up 0.4 Percent Again, CPI Rises 0.2 Percent in August
I expected rent and OER to moderate. They didn’t. The CPI rose 0.2 percent month-over-month but fell to…
Former ECB President Mario Draghi Proposes a “Vice President for Simplification”
Draghi’s proposal for more bureaucracy to simplify bureaucracy is my hoot of the day. The Future of European…
NFIB “Mood on Main Street Darkens” Small Business Optimism Dips
The July jump in small business optimism momentum lasted precisely one month. Small Business Optimism Dips in August…
Germany Suspends Schengen, Immigration Repercussion Across the Entire EU
For the first time in EU history, Germany is at the forefront of immigration suspension. Other EU countries…
Who Won the Debate? Ask Me in a Week to 10 Days
I am hearing mostly rah-rahs for Harris. And the instant polls show Harris was perceived as the winner.…
GDPNow Rates the Jobs Report as Positive, That Was Not My Guess
The GDPNow Nowcast moved higher today on the “strength” (or lack thereof) of last Friday’s jobs report. Earlier…
47 Percent of All Voters Think Harris Is Too Progressive
The latest New York Times / Siena College poll is a doozie. It has Trump in the lead.…
The Consensus CPI on Wednesday Is 0.2 Percent, High, Low, or Spot On?
The Bloomberg consensus estimate is 0.2 percent. CPINow from the Cleveland Fed is 0.18 percent. Chart Notes ATRR…