Talking Points: The Bank of Canada and the European Central Bank will meet next week, the former of which will hike rates by 25-bps and the latter which will do nothing. September Durable Goods and Advance Goods Trade Balance figures
October 19, 2018
Last Thursday, October 11, the market selloff accelerated shortly after 2 pm when as we reported at the time, the market was unexpectedly hit with the biggest sell order since the May 2010 flash crash, when the NYSE uptick minus downtick
The yellow metal just saw its third straight week of gains after tumbling most of the year. Gold should actually be much lower due to rising U.S. bond yields, but is instead showing resilience. Investors too are moving back into
The yellow metal just saw its third straight week of gains after tumbling most of the year. Gold should actually be much lower due to rising U.S. bond yields, but is instead showing resilience. Investors too are moving back into
Video Length: 00:11:41
There are three main types of debt: household debt, corporate debt, and government debt. We think the most debate surrounds corporate debt because it is understood households have deleveraged this cycle and government debt has gotten worse. To be clear, there are debates on
Five months after putting Italy on downgrade watch, Moody’s has seen enough and cut Italy’s debt rating to Baa3 – one notch above junk status. Moody’s Investors Service has today downgraded the Government of Italy’s local and foreign-currency issuer ratings to
If it wasn’t before, it is definitely a slump now. The National Association of Realtors (NAR) said today that the sales of existing homes across the US in September 2018 fell more than 3% seasonally-adjusted from August. At just 5.15
