China industrial production and retail sales

Equities Depressed by Unsettling Monday News on Several Fronts

August 16, 2021

Afghanistan’s government fell to the Taliban in three days, not three months as the U.S. intelligence community had presumed. Washington’s lame attempt to differentiate the fall of Kabul from that of Saigon 46 years earlier is hardly persuading anyone, even among supporters of the Biden Administration. Covid developments over the weekend continued to spiral backwards, […] More

Encouraging Vaccine News and Economic Data Send Equities and Oil Higher Up But Depress Dollar

November 16, 2020

A second Covid vaccine developer, Moderna, reported 94% effectiveness in early trials, and the pace of new cases in France, which was soaring, has subsequently slowed a bit. Japanese real GDP rebounded more sharply than anticipated in the third quarter, climbing at a 21.4% annualized rate, breaking a streak of three straight quarterly declines, and […] More