Economists expected a December rise in retail sales of 0.4 percent. Instead, consumers went on a spending spree. But two-thirds of that was due to inflation. Real (inflation-adjusted) sales rose 0.2 percent.

​​​​​​​Is Wall Street actually buying up all the housing... or is something far worse going on?

Over the past five days, NVDA has exerted something of a gravitational pull on NDX and COMP:

Gold was after a verified breakdown below its upper rising resistance line, and now it’s also after a verified breakdown below its lower rising resistance line.

After a year and rally that pushed the gold and silver prices higher, the precious metals have been off to a slow start in 2024 with both metals lower on the year.

Now that we are in a nice bull market, selling a trade can be hard. After all, it the stock could keep going up.

With consumer debt reaching record levels, the Federal Reserve contemplating rate cuts in 2024, and post-Covid inflation still yet to reach its peak, a storm is indeed brewing.

Boeing stock fell 20% in 2024 amid fresh challenges involving its 737 MAX model.

GBP/USD up 0.25%, buoyed by UK's unexpected inflation increase to 4% year-on-year.

The auction stopped at a high yield of 4.423%, up from 4.213% in December, and tailing the When Issued 4.415 by 0.8bps (the second consecutive tail).

VanEck has announced it will liquidate its Bitcoin Strategy ETF (XBTF) following the SEC's approval of spot ETFs.

Weak China economic data and hot UK inflation data are making the market reprice everything, as an overseas storm appears to be brewing.

Cencora, Inc. sources and distributes pharmaceutical products.

While the vast majority of economists agree that a soft landing could be ahead, it wouldn’t be wise to rule out a severe recession for the U.S. economy just yet. The chances of it are still way too high.

​​​​​​​In the ever-evolving world of precious metals, understanding the current market trends is crucial for investors and enthusiasts alike.

The shift between commercial bank credit to "support" from excessive US Government spending is highly inflationary.

Mastercard's value to the banks is its connectivity. Without its network, each financial institution would need to create its own way to clear transactions electronically with the thousands of other banks out there.

Because December 2022 was awful, with declines of -1.5% and -2.2% respectively, the YoY comparisons for total and manufacturing production improved to +1.0% and 1.2%:

As we look ahead to 2024, there is no shortage of expert forecasts and predictions for the world’s economy, markets, geopolitics, and technology to track in this new year.

Wall Street continues to struggle, as rising bond yields put a damper on encouraging retail sales data for December.