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As I type equity futures are moving nicely into the green, after trading lower for most of the evening. From Europe, Trump stated that

Yesterday’s huge rally speaks to traders’ faith that the Fed can cure all economic ills. Problem is, it can’t. But my how it can

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6/2/19 Sunday  This week’s PWA Index came in at a low expansion reading of 10.59. While consumer data is holding up okay, industrial data

While not quite as threatening as this morning’s manufacturing PMI release, ISM’s manufacturing survey for May also came in below expectations. My highlights below

This morning’s release of May’s manufacturing purchasing managers survey (performed by Markit) should come as no surprise. The 50.5 reading (below 50 denotes recessionary

In yesterday’s log entry (posted herein this morning), I suggested that Wall Street is finally coming around to our way of thinking. Just got

We’ll be taking a deeper dive into general conditions here on the blog this week, in the meantime macro strategist Cameron Crise pretty much