Clif Droke's picture

Among the components of the 60-year economic super cycle due to bottom this fall is the 10-year cycle. It is this cycle which is the core component of the super cycle and is responsible for this year’s financial market behavior.

Oil Price's picture

Texas could finally become a leader in solar, thanks to a new resolution passed by the city council of Austin. The bill will require the municipal utility, Austin Energy, to obtain 60 percent of its electricity generation from renewables over the next decade...

Tim Duy PhD's picture

The ISM manufacturing report came in ahead of expectations with the strongest number since 2011. Moreover, strength was evident throughout the internal components. If this is a taste of the data to expect this fall, it is tough to see how...

Sheraz Mian's picture

U.S. stocks will likely follow the lead from markets around the world, particularly in Europe, to respond positively to the reported truce between Russia and Ukraine. It isn’t clear at this stage whether we do finally have a deal or not...

Marc Chandler's picture

There has been a clear divergence since the start of the year. Briefly, in January, the eurozone reading rose above the U.S.. This has not happened before...

Cris Sheridan's picture

Financial stress rose significantly as the market peaked during the tech and housing bubbles. One popular measure of financial stress, the TED spread, however may no longer "work" at identifying market tops. For that, we must look at others. What are they saying?

Keith Weiner's picture

Readers have been asking if there has been any signs of a turn in the market, especially for silver. Something may be happening. Read on…

Sober Look's picture

In addition to property market challenges and the unexpected slowdown in manufacturing expansion, we continue to see markets signaling a significant loss of momentum in China's economic growth.

Michael Pettis's picture

I have always thought that the soft landing/hard landing debate wholly misses the point when it comes to China’s economic prospects. It confuses the kinds of market-based adjustments we are likely to see in the U.S. or Europe with the much more controlled process we see in China.

Tim Duy PhD's picture

With the leaves turning to gold signaling the end of summer, so too will the Fed be facing its own change of seasons as quantitative easing comes to an end. With asset purchases likely ending in October, time is growing short for...