Snowballing Job Weakness You hear it in financial media a lot: The stock market is not the economy. The market doesn’t always move in tandem with economic news. It can rise even when labor data comes in weak, or fall if it looks like the economy is humming on all cylinders. But it’s not not…Read more
The final and perhaps most crucial pieces of the interest rate puzzle fall into place this week. A full slate of inflation data is scheduled for release, and the results are expected to be key to the Federal Reserve’s interest rate decision next week. The Producer Price Index (PPI) comes on Wednesday, followed by the…Read more
Spending Bender Every earnings season, investors wait with bated breath to hear how much the big tech companies plan to spend on AI-related initiatives. Stock prices seem to react more to the outlook on that than the earnings data itself. Needless to say, AI spending continues to be the focus and that doesn’t appear to…Read more
