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Inflation in U.S. drops as consumer prices unexpectedly fell in…

Posted by July 11, 2024

U.S. consumer prices unexpectedly fell and the annual increase was the smallest in a year, reinforcing views that a trend of dropping inflation was back on 

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We’ve entered a world of zombie inflation. Wall Street is…

Posted by May 13, 2024

What a difference three months makes.At the end of 2023 and the start of 2024, it appeared that the US was on a glide path to what I termed "economic nirvana":

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At midday: North American stock markets rise on early rate-cut…

Posted by May 3, 2024

Canada’s main stock index jumped on Friday, led by gains in healthcare shares, while the slowing U.S. jobs growth in April raised hopes of early interest rate

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