Does Premature Expostulation Hurt Anyone?
There is a reason Jason Furman didn’t cite any specifics to back up his claim that “financial markets reacted” to President Trump’s tweet about Friday’s jobs report “with unusual volatility for the early morning hours” (“The Economic Risks of Trump’s Premature Tweeting,” op-ed, June 4). The reason is that they didn’t. In the 69 minutes between the tweet and the actual release, futures contracts on the S&P 500 meandered randomly in a narrow range of about one-tenth of a percent of the index’s value. The yield of the 10-year U.S.
Will the Powell Fed Rewrite the Playbook?
It's time to admit policy isn't easy anymore -- but that's not to say the "old normal" is back.
Are Emerging Markets the Canary in the Financial Coal Mine?
Will the ECB Kill Italy?
The FOMC will hike (but that will be an easing). The ECB will still do whatever it takes.
Pardon Me, Said the President to Himself
The mystery trader who roiled Wall Street
Global PMI - 2018-06-04
National Trade Estimate 2018
On the May Jobs Report: What Labor Shortage?
Even at 3.8% unemployment, the labor market is looking more "mid-cycle" than "end-of-life."