The People’s Republic of China: 70 Years of Economic History

View a high-resolution version of this graphic here. From agrarian economy to global superpower in half a century—China’s transformation has been an economic success story unlike any other. Today, China is...

BlackRock’s Fink: Flattening Yield Curve Isn’t An Economic Warning

Add BlackRock’s CEO to the list of high-powered people in finance who are skeptical that a flattening yield curve reflects a threat that’s brewing for the US economy. Although...

Visualizing 200 Years of U.S. Population Density

At the moment, there are around 326 million people living in the United States, a country that’s 3.5 million square miles (9.8 million sq km) in land area. But throughout...

Economy cooking along for now but what’s with the continued drop...

Positive economic data today–for the short term. But some troubling longer term trends continue. Initial claims for unemployment fell more than expected to 230,000 for the week ended January 27...

Weekly Market Outlook – Another Week, Another Record

Once again the bears had an opportunity (and ample reason) to stop this rally cold, and once again the bulls prevailed.... valuations and the technically-overbought condition being largely ignored....

Weekly Market Outlook – The Bulls Come From Behind Again

Despite the wobbly start to the week, as has been the case for months now, the bulls found a reason/excise to rekindle the rally. Though it was only a...

Chart: OECD Leading Indicators – EM vs DM

The latest update to the OECD Composite Leading Indicators (CLI) provides the opportunity to take a look at the weighted average view for Emerging Markets vs Developed Markets (I...

Expect more volatility?

Globally equity volatility is low. For that matter, volatility (both implied and realized) is low across the major asset classes. But aside from a vague notion or rule of...

Repocalypse: The Little Crisis that Roared

That didn’t take long. I just published an article showing how the Fed had responded with a quarter of a trillion dollars to save the economy from what it...

Reading the Next Recession: Will the Great Recession 2.0 become The...

Here is a journey in photos and facts to compare the present Great Recession with the past Great Depression to gain perspective on where we might be headed. Just as...

Wall Street is Chasing Ghosts

Wall Street's absolute obsession with the soon to be announced most wonderful trade deal with China is mind-boggling. The cheerleaders that haunt main stream financial media don't even care...

Why It’s Time for Banks to Make Bold Late-Cycle Moves

Profits in banking have been steadily on the rise since the financial crisis. Just last year, the global banking industry cashed in an impressive $1.36 trillion in after-tax profits ⁠—...