Once playing, click the icon in the lower right corner for full screen. Focus should occur after a few seconds; if not, click the

German factory orders just released for March were abysmal; confirming other data of late that suggests the German economy is in anything but good

Pre-market: News that the U.S. and China are in “90%” agreement on the terms of a draft trade deal has futures rallying notably this

If you think I’ve been overemphasizing the monster economic and equity market risks inherent in a global trade war (I’ve been accused of such

U.S. futures are flat this morning after trading lower most of last night. Treasuries were notably higher (yields lower) overnight, but they’re coming back

The following from The Financial Times just crossed my screen: Top US and Chinese officials have resolved most of the issues standing in the way

Pre-market:  Per yesterday’s entry, futures are pointing to a sharp spike higher at the open this morning (spx +20). Given ample liquidity and ho-hum

As you’ve noticed, I’ve gotten into the habit of often sharing my internal log entries herein. Feedback from clients suggests that there’s a demand

To help you appreciate our focus herein of late on trade negotiations, and Brexit — and to set your expectations for lots of volatility

While I’ve disagreed plenty with Mark Zandi, Moody’s chief economist, over the years, I strongly believe (as I’ve preached herein and in client meetings