The U.S. Strategic Petroleum Reserve is perilously close to minimum levels, raising concerns for household and business affordability as the war drags on. … READ MORE >
Market minute
Market Minute: Inflation data set to support Fed rate hike
Economists expect a 0.4% monthly increase in both top-line PPI and CPI when the data is released this week. … READ MORE >
Market Minute: Nonresidential investments’ rising role in productivity and growth
Total nonresidential investment has grown from an annualized level of $2.7 trillion in 2020’s second quarter to $4.6 trillion this year. … READ MORE >
Market Minute: August U.S. jobs report preview
We are forecasting a 25,000-job increase and a 4.1% unemployment rate when the August jobs data is released on Friday. … READ MORE >
Market Minute: Regime change in rates rolls higher
Investors are pushing up rates as inflation rises, nations add to their debt and as geopolitical risk continues unabated. … READ MORE >
Market Minute: Diesel inventories near 20-year low as prices rise
Distillate inventories fell by 2.2 million barrels to 103.4 million for the week ending Aug. 26, according to the U.S. EIA. … READ MORE >
Market Minute: Canada’s financial conditions as trade war begins
The RSM Canada Financial Conditions Index stands at a mildly accommodative 0.7 standard deviations above zero as a trade war threatens to escalate. … READ MORE >
Market Minute: $40 trillion in debt and rising as free lunch expires
Even an artificial intelligence-driven boom over the next few years will not be sufficient to avoid hard budget choices in Washington. … READ MORE >
Market Minute: U.S. deficits, fiscal consolidation and Treasury jawboning of bond market
The bond market remains unimpressed with the Treasury Department’s moves to reduce interest rates. … READ MORE >
Market Minute: What the collapse of Canada-U.S. trade talks means
Although the new tariffs will be applied on only about 5% of Canadian exports, they have unleashed the possibility of a trade war. … READ MORE >