Jack Schwager, in his instructive and comprehensive A Complete Guide to the Futures Market  makes the point that we’ve been stressing of late in

In last night’s post we featured December import and export prices and the Producer Price Index — each missing expectations — and reiterated our

We’ve been hinting herein that our view on inflation is that we’re on the cusp. Not, mind you, remotely in the style of the

As we suggested yesterday, and in our year-end letter, the most troubling rumbling amid the presently bullish macro setup is the threat of U.S.-led

Dow’s down triple-digits as I type. Here’s the headline: “Dow falls 100 points amid concern China may stop buying U.S. debt” Let me help

Well, the good news is that analysts are absolutely giddy about the current earnings season! The bad news is that analysts are absolutely giddy

The monthly Purchasing Managers Surveys are priceless when it comes to assessing global economic conditions.  Here’s why: PMI data are based on monthly surveys

Part 1: What Makes Us Tick 2017 has been quite the year for the stock market! Predictions annihilated, records smashed, and headwinds bucked like

After just bombarding you with our lengthy year-end treatise, this week’s message will be very short and sweet. Here’s part of an interoffice memo

The results of December’s Institute for Supply Management’s  manufacturing purchasing managers survey were released this morning.  Given the macro backdrop we’ve been discussing herein,