Miles driven usually peaks in the middle of the summer, but this year, that number has steadily fallen compared to last year. … READ MORE >
India’s unemployment rate held steady at 5.0% in September
India’s labor market showed signs of broader improvement in September, with the headline unemployment rate holding steady at 5.0% for a second consecutive month. … READ MORE >
Market Minute: U.S. agriculture is losing market share
American soy production has suffered as new trade policies have taken hold. … READ MORE >
Rising inflation in September shows more evidence of triple supply shock
With CPI rising by 0.6% on the month and by 3.7% compared to a year ago, it is clear that the central bank will need to act to restore price stability. … READ MORE >
Market Minute: Repricing growth, yields and equity valuations
Investors are pricing in a faster growth, which a big reason that rising Treasury yields have not resulted in a correction in equity valuations. … READ MORE >
India’s inflation accelerates as food and energy rise
Rising food prices and higher energy costs are pushing inflation closer to the top of the Indian central bank’s tolerance range, increasing the risk that price pressures will persist into next year. … READ MORE >
Market Minute: As CPI stays elevated, real wages decline
The Consumer Price Index for September is likely to increase by 0.6% on the month and by 3.6% annually when the data is released on Oct. 14. … READ MORE >
Market Minute: Global bond selloff accelerates with focus on France
Yields on government securities are increasing, led by France, as fiscal pressure mounts, inflation rises, and the global carry trade unwinds. … READ MORE >
Market Minute: Home ownership and 7% mortgage rates
Higher long-term rates will be a fact of life for the foreseeable future, offering no relief on housing costs. … READ MORE >
Market Minute: Rebalancing of trade falters as U.S. partners look elsewhere
The overall deficit has widened and the trade taxes imposed on U.S. companies are being passed along to customers, resulting in higher inflation. … READ MORE >









