Archive for January 22nd, 2019

Deeper Analysis

The Next U.S. Recession

January 22, 2019

I can’t recall any U.S. President, Treasury Secretary, or Fed Chairman predicting a recession prior to its onset. For that matter, financial advisers tend to avoid the R-word until its partly in the rear-view mirror, and conventional wisdom all around usually doesn’t identify a recession until it’s underway. Because of this phobia against shouting that […] More

New Overnight Developments Abroad - Daily Update

Dollar Little Changed as Global Stocks Turn Lower Again

January 22, 2019

The dollar is unchanged against the Swiss franc, down 0.2% versus the yen, sterling and peso, off 0.1% relative to the euro, and up 0.1% vis-a-vis the kiwi and yuan. Larger gains have been notched of 0.4% against the loonie and 0.3% versus the Australian dollar. Equities in the Pacific Rim fell 1.2% in China, […] More