Strong 10Y Auction After Sharp Rebound In Foreign Demand

Following yesterday’s unexpectedly ugly 3Y auction, bond traders were closely looking at today’s 10Y reopening of CUSIP 4n7 to see if the weakness would persist. And, in what may come as further bad new for the bond bears of which the latest CFTC commitment of…

Watch Live: Trump Delivers Statement At G7 Summit In Canada

Moments ago, the White House announced unexpectedly that President Trump will deliver an unscheduled statement at the G7 summit in Canada at 10 a.m. ET. The remarks, expected any moment, will come just before the president departs the G-7 summit to head to Singapore. As…

US Job Openings Hit Record High, Exceed Number Of Unemployed Workers

Two months after the number of US job openings reported by the JOLTS unexpectedly dropped by 150,000 led by food service and construction workers, all it took was two months of revised data to set the seasonally-adjusted, statistically inferred US labor market back on track,…

Goldman: The Economy Is Growing “Very Rapidly” But That’s As Good As It Gets

After another unexpectedly weak first quarter for US GDP (the 4th in a row), the US economy appears to have suddenly hit the nitrous as the unexpectedly strong Friday payrolls report showed, and from one forecast such as the Atlanta Fed which now sees GDP…

War Erupts Between Trump’s Two Top Trade Advisors Over China

Commenting on the latest, surprise escalation in the US-China trade ceasefire war, in which Trump unexpectedly announced 25% tariffs on up to $50BN in Chinese imports, prompting a fresh round of outrage and confusion in Beijing which was confident it was done with Trump’s “flip-flopping”,…

Job Openings Soar By 472,000 To All Time High 6.6 Million

One month after the number of US job openings reported by the JOLTS unexpectedly tumbled by 176,000 led by food service and construction workers, all it took was a month of revised data to set the seasonally-adjusted, statistically inferred US labor market back on track,…

Global Stocks, Dollar Slide As Nervous Traders Eye US-China Trade Talks

It has been a confusing 24 hours, with US futures slumping after yesterday’s unexpectedly hawkish-yet-dovish FOMC, which first slammed the dollar, then sent the USD surging, and sparking an equity selloff even as rates remained relatively unchanged. Today’s this confusion spilled over into international markets,…

Another Trump-hating Olympian wipes out

Denouncing the POTUS while representing the USA at the Winter Olympics is correlated with unexpectedly dismal performance. One avenue the Left will never explore is the effects of toxic hate on the psyche of the hater. VISIT THE SOURCE ARTICLE Another Trump-hating Olympian wipes out