Kurt Kallaus's picture

Greece is about the size of Connecticut with a much smaller economy: about a third of a percent of the global economy. So why has the world been fixated upon its fate? Why have stock markets around the world...

Urban Carmel's picture

The average monthly gain in employment during the past year was 245,000, the highest since the 1990s. Annual growth in employment is the best in 15 years. Hourly earnings growth in April and May was the highest since the recession; it fell to 2% in June...

Andrew Zatlin's picture

Last month in our Vice Index update, we noted the following: The Vice Index points to continued consumer strength through 3Q. The Vice Index is doubling down on consumer strength. While it shows a slight dip...

Sheraz Mian's picture

A favorable economic reading out of China, the Fed Chairwoman’s testimony to Congress, and another positive looking bank earnings report provide the backdrop for today’s session. All of this should help the major indexes build...

John Mauldin's picture

For the vast majority of investors, portfolio returns are generated by the equity markets or at a minimum heavily influenced by the equity markets. We have enjoyed an almost six-year bull market run in the stock market...

Michael Shedlock's picture

In the past few weeks, numerous readers sent me emails about brick-laying robots, so many that I wonder if most have already seen this. If not, please consider brick-laying robot can build a full-sized house in two days.

Marc Chandler's picture

German Finance Minister Schaeuble claims that he raised the possibility of a Greek exit to push for an alternative. He did so with backing of the Merkel government. Schaeuble used the threat of a violating the "irreversible clause"...

Jeffrey D Saut's picture

I used to love watching the History Channel. Back in the good ole days (which actually weren’t too long ago), it would feature real historical content like documentaries, mini-series, and regular programs dedicated to...

Sheraz Mian's picture

Markets seem to be taking a sigh of relief from the Greece deal and further signs of stability in the Chinese market. This should help us move past these issues and pay more attention to domestic fundamental matters like...

Sheraz Mian's picture

Stocks rallied in Europe and Asia, and the positive mood is showing up in pre-open sentiment on this side of the Atlantic as well. The Shanghai Composite index was up for a second day on Friday, likely indicating that...

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