French and Italian GDP
Waiting for the War to End
May 29, 2026
The verbal message that a peace deal in the Middle East, which began very soon after the conflict’s outbreak, may be getting stale but nonetheless continues to temper the reaction of financial markets. The Strait of Hormuz remains largely shut. Fighting in Lebanon continues. The U.S. has still not signed off on the reported deal […] More
Marking Time Ahead of the U.S. PCE Price Deflator’s Release
August 29, 2025
There’s much for investors to ponder, but with about 2-1/2 hours remaining before the release of U.S. personal income and consumption, whose price deflator has the most influence on Fed policy among the various measures of inflation, financial markets are playing possum. Net overnight movement of the dollar against the euro, yen, Swiss franc, Aussie […] More
