Japanese and Euroland industrial production
Equities Well-Bid in Spite of Persistent Global Growth Concerns
October 15, 2025
Today was the scheduled day for U.S. consumer price data to have been released, but that didn’t happen due to the continuing shutdown of the federal government. The Fed is left to assess growth and price trends from non-government sources, and such are seemingly pointing to rate cuts this month and December too, not to […] More
Troubles in China, Big Drop in Oil Price, and Just Three Weeks Left Before America’s Election
October 15, 2024
The latest barrage of stimulus measures from China’s government hasn’t persuaded doubting investors to believe the economy may be turning the corner. The Shanghai Composite index fell 2.5% today, dragging Hong Kong’s Hang Seng down 3.7% but lifting Taiwanese share prices by 1.4%. Stock markets in Japan and Australia each gained 0.8%, meanwhile. One bright […] More
Persistent Doubt Over Size of Next Week’s Fed Interest Rate Cut
September 13, 2024
One of the hallmarks of the Federal Reserve’s quest during the past two decades for a more transparent U.S. monetary policy has been to avoid if at all possible surprising market participants. That means verbally preparing investors to expect a change in policy before it actually happens, not only from a timing perspective but also […] More
