Morning Call: August 28, 2015 Stocks continue advance on good US GDP quarterly numbers (2.3 last, 3.2% expected and reported 3.7%). Oil short squeeze. Global grain stocks at 30-year highs. 50 immigrant corpses found in meat truck in Austria, and […]
Morning Call: July 31, 2015 US GDP 2.3%, with positive revisions. Enough to keep the recovery going? Parsing Fed speak with their current favorite words: Economic, Growth and Appropriate. IMF reiterates unwillingness to fund Greece without debt relief. Brazil falling […]
0.2% GDP Growth – Is This the Boom?
The US economy will grow slower than expected. Analysts blame the weather, but the economic conditions in the US are not showing sign of a significant recovery. As a result, the Fed will most […]
Baltic Dry Index, 28 Year Lows, So What? The Baltic Dry Index, an obscure economic indicator that monitors the health of the world’s economy by tracking the price of shipping dry goods over oceans, has fallen to its lowest level […]