Bob Murphy: How Bad Is the National Debt? Economist Bob Murphy explains the technical details of government debt and why Modern Monetary Theory is so dangerously wrong. Reason · Sep 5, 2024
Kyla Scanlon: What's Actually Wrong With the Economy? Economist and author Kyla Scanlon discusses inflation, economic narratives, and the housing market. Reason · Aug 29, 2024
US Economic Strength and Higher Bond Yields Boost the Dollar The dollar index (DXY00 ) Thursday rose by +0.40%. The dollar rallied on stronger-than-expected US economic reports, which were hawkish for Fed policy and drove the 10-year T-note yield higher by +8 bp. Thursday’s economic reports helped reduce expectations for a 50 bp rate cut by the Fed at the... Barchart · Aug 15, 2024
Dollar Jumps on Strong US Economic News The dollar index (DXY00 ) today is up by +0.47% on stronger-than-expected US economic reports that were hawkish for Fed policy and that drove the 10-year T-note yield sharply higher by +10 bp. Today’s economic reports helped reduce expectations for a 50 bp rate cut by the Fed at the... Barchart · Aug 15, 2024
Dollar Slips as S&P 500 Climbs to a Record High The dollar index (DXY00 ) Tuesday fell slightly by -0.04%. The dollar Tuesday gave up overnight gains and turned lower as T-note yields fell on the weaker-than-expected US May retail sales report. Also, Tuesday’s rally in the S&P 500 to a new record high curbed liquidity demand for the dollar.... Barchart · Jun 18, 2024
Stocks Tumble on a Sell-Off in Mega-Cap Tech Stocks What you need to know… The S&P 500 Index ($SPX ) (SPY ) Thursday closed down -1.35%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -1.08%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -2.19%. Stocks on Thursday gave up a morning rally and... Barchart · Aug 24, 2023
Dollar Rallies on Strong U.S. Economic News and Hawkish Fed The dollar index (DXY00 ) on Thursday rose by +0.54% and rallied to a 2-1/2 month high. The dollar Thursday found support from better-than-expected U.S. economic news. Also, hawkish Fed comments pushed T-note yields higher and supported the dollar after Boston Fed President Collins and former St. Louis Fed President... Barchart · Aug 24, 2023
Stocks Erase an Early Rally as Higher Bond Yields Undercut Chip Stocks What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.28%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.11%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.85%. Stocks this morning are mixed. Stocks gave up a... Barchart · Aug 24, 2023
Stocks Tread Water as Investors Await Debt-Ceiling Developments What you need to know… The S&P 500 Index ($SPX ) (SPY ) Monday closed up +0.02%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.42%, and the Nasdaq 100 Index ($IU XX) (QQQ ) closed up +0.34%. Stock indexes Monday settled mixed, with the Nasdaq 100... Barchart · May 22, 2023
Dollar Little Changed as Debt Ceiling Talks Drag On The dollar index (DXY00 ) on Monday was unchanged. The dollar on Monday recovered from overnight losses and was little changed. Short-covering in the dollar emerged Monday morning after St. Louis Fed President Bullard said he favored two more 25 bp rate hikes this year. However, gains in the dollar... Barchart · May 22, 2023
Stocks See Support from Strength in Mega-Cap Tech Stocks What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.07%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.41%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.27%. U.S. stocks this morning are mixed, with the Nasdaq... Barchart · May 22, 2023
Home Down Payments Shrink Amid Affordability Squeeze Home buyers are putting down smaller down payments as housing costs and interest rates rise. Kiplinger · May 19, 2023
A Surge in Regional Banks and Strong Apple Earnings Boost Stocks What you need to know… The S&P 500 Index ($SPX ) (SPY ) Friday closed up +1.85%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +1.65%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +2.13%. Stock indexes Friday rallied sharply, with the Nasdaq 100... Barchart · May 5, 2023
Crude Oil Slightly Higher on Dollar Weakness and Chinese Economic Strength May WTI crude oil (CLK23 ) on Tuesday closed up +0.03 (+0.04%), and May RBOB gasoline (RBJ23 ) closed down -2.31 (-0.83%). Crude oil and gasoline prices Tuesday settled mixed, with gasoline falling to a 2-week low. A weaker dollar Tuesday was bullish for energy prices. Also, signs of strength... Barchart · Apr 18, 2023
Barchart · Apr 18, 2023 Stocks Close Slightly Higher Despite Bank Stock Weakness and Hawkish Fed Comments What you need to know… The S&P 500 Index ($SPX ) (SPY ) Tuesday closed up +0.09%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.03%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.03%. The S&P 500 and Nasdaq 100 indexes Tuesday settled...
Barchart · Apr 18, 2023 Dollar Slips as T-Note Yields Fall The dollar index (DXY00 ) on Tuesday fell by -0.36% as T-note yields declined. Also, strength in the Chinese yuan Tuesday undercut the dollar after China's Q1 GDP expanded more than forecast. Hawkish comments Tuesday from St. Louis Fed President Bullard and Atlanta Fed President Bostic provided underlying support for...
Barchart · Apr 18, 2023 Crude Oil Higher on Dollar Weakness and Chinese Economic Strength May WTI crude oil (CLK23 ) this morning is up +0.31 (+0.38%), and May RBOB gasoline (RBJ23 ) is down -1.40 (-0.50%). May Nymex natural gas (NGK23 ) is up +0.061 (+2.68%). Crude oil and gasoline prices this morning are mixed, with gasoline falling to a 2-week low. A weaker...
Barchart · Apr 18, 2023 Stocks Fall Back on Bank Stocks and Hawkish Bullard What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.16%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.42%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.08%. U.S. stock indexes gave up early gains and are...
Barchart · Apr 7, 2023 March Nonfarm Payrolls Report: The U.S. Labor Market Remains Strong What you need to know… On Friday the Labor Department reported March nonfarm payrolls, which showed that the U.S. economy added 236,000 jobs, which was near the 238,000 expectation. The unemployment rate ticked lower to 3.5% from 3.6%. The U.S. stock markets were closed on Friday in honor of the...
Barchart · Apr 6, 2023 Stocks Recover Early Losses Ahead of Friday’s Payroll Report What you need to know… The S&P 500 Index ($SPX ) (SPY ) Thursday closed up +0.36%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.01%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.74%. Stock indexes Thursday recovered from early losses and closed...
Barchart · Apr 6, 2023 Dollar Little Changed as Stocks Recover The dollar index (DXY00 ) on Thursday rose by +0.01%. The dollar on Thursday gave up an early advance and was little changed. A rebound in stock prices Thursday curbed the liquidity demand for the dollar. Also, signs of weakness in the U.S. labor market knocked the 10-year T-note yield...
Barchart · Apr 6, 2023 Stocks Rally Despite Higher Initial Unemployment Claims What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.28%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.09%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.59%. U.S. stock indexes are moderately higher. Earlier this morning,...
Barchart · Apr 6, 2023 Stocks Under Pressure as Economic Slowdown Concerns Mount What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.33%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.39%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.42%. U.S. stock indexes this morning are moderately lower, with...
Fortune · Feb 1, 2023 Stimulus money is partly behind soaring U.S. inflation, Fed study finds Multiple rounds of fiscal stimulus from two presidents during the pandeminc may have been a double-edged sword for the U.S. economy.
Benzinga · Nov 14, 2022 Will Home Depot, Lowe's Earnings Reveal A Housing Market Correction? A long-dreaded nightmare might be coming true for the housing sector.