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 Back in the good ole days (which actually weren’t too long ago), it would feature real historical content like documentaries, mini-series, and regular programs dedicated to...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

Andrew Zatlin's picture

Jobless claims are a superior indicator for the economy not only because they lead economic growth and correlate so closely with it, but they also get reported much earlier. The high concentration of the US economy is one...

Sheraz Mian's picture

The Greece situation remains as complicated today as it was yesterday, though today’s positive stock market action in Europe likely indicates that market participants on that side of the pond see some light at the end of the tunnel.

Michael Shedlock's picture

A few days ago I received an email from yet another naysayer telling me that I was wrong about self-driving cars and we would not see them in his lifetime. I don't recall precisely how I answered, but it was along...

Marc Chandler's picture

The US dollar is enjoying broad gains today. It is extending its recent gains after a consolidative session yesterday as investors tried digesting the weekend developments. The yen is the sole exception among the majors.

George Friedman PhD's picture

In a result that should surprise no one, the Greeks voted to reject European demands for additional austerity measures as the price for providing funds to allow Greek banks to operate. There are three reasons this should...

Charles Hugh Smith's picture

What we may be witnessing is the first phase of a new era of widespread non-state currencies. It was easy to predict the eventual collapse of the one-currency-fits-all euro: indeed, many analysts explained why it was doomed...

Kurt Kallaus's picture

Economic comparisons of economic data and stock values in most first world countries appear rational. Expectations of marginal economic growth rates and earnings in general correlate well with stock prices longer term.

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