Know The Difference Minute

Fears versus Reality 26.10.2023 1:02 ↓

Historically, corrections become bear markets when fears become reality.

Analysis Paralysis 25.10.2023 1:02 ↓

Investors need to embrace the fact that every decision about the future requires a leap of faith. 

Cyclical and predictable? 24.10.2023 1:00 ↓

Next time some mentions a market cycle or economic cycle, ask them what’s so cyclical about it. 

The Powell Pause 19.10.2023 0:57 ↓

The Fed has been the arsonist and the firefighter. They were too slow to react to high inflation and then they reacted by hiking rates with reckless abandon.

China. The comeback kid? 18.10.2023 1:03 ↓

In the third quarter, China's gross domestic product grew at a 5.3% annualized pace. Consumption was a big driver of growth while the property sector is still struggling. 

Multi-speed world 17.10.2023 1:00 ↓

A roving recession that hasn’t affected the consumer, yet, could turn into a stumbling recovery for everyone else. 

Debt Fatigue? 05.10.2023 1:04 ↓

The US government has issued $33 trillion in debt. So who owns all of it?

Unprecedented AND Bad? 04.10.2023 1:05 ↓

The word “unprecedented” has been used a lot over the last few years. I do not think it means what you think it means.

Shutdown Averted Or Deferred? 04.10.2023 1:02 ↓

Was there a major breakthrough of bipartisanship? It seems like nobody can agree on where to start the cleanup.

Macroeconomic Fog 28.09.2023 1:00 ↓

GDP revised. Yes, they’re still trying to figure out how much output the economy produced. And they’ll be doing that for decades to come.

Nowhere to hide 27.09.2023 0:59 ↓

Aren’t bonds supposed to provide support to falling stocks? That’s how things seemed to work during the two decades before COVID. 

Shutdown Countdown 26.09.2023 1:04 ↓

A shutdown delays rather than cancels spending. In fact, a shutdown only affects up to 27% of total federal spending. 

Higher for longer? 21.09.2023 1:00 ↓

The Federal Open Market Committee won’t tell you what they will do because they don’t even know 

Crude Reality 20.09.2023 1:03 ↓

Most consumers don’t care about oil prices. They care about gasoline prices. 

DC, we have a debt problem. 19.09.2023 1:03 ↓

The federal government has spent $5.5 trillion since October 2022 and it has only collected $4 trillion. That’s not a sustainable path 

The Beyonce Bounce and Swift Surge 14.09.2023 1:04 ↓

Revised down from 0.7% to 0.5%. Not bad, but not as good as originally reported. 

Inflation is personal 13.09.2023 1:03 ↓

Inflation is heading the right way, but August was a hopefully temporary step backwards. 

Trade protection isn't globalization 12.09.2023 1:03 ↓

Trade is, and always was, political, it’s just becoming more so.

Hard data vs. soft data 07.09.2023 1:03 ↓

Don’t be fooled by the false precision of hard data. The fact is, it’s all squishy. 

Is September a bad month for stocks? 06.09.2023 0:55 ↓

Monthly averages can be driven by wild moves that have nothing to do with what month it is. 

The Friday jobs fairy tale 05.09.2023 0:57 ↓

If you hear economists use the phrase, “It was a Goldilocks report,” please remember Baby Bear and that Goldilocks was a criminal.

The Feast before the Famine? 31.08.2023 1:03 ↓

The swing from spending on services to goods during COVID and then back towards services may be petering out.

Is there any truth to the “bad news is good news” meme? 30.08.2023 0:54 ↓

The good news is that the Fed might feel like it can stop pumping the brakes on the economy.

Job hopping? That's so 2022. 29.08.2023 0:58 ↓

People seem to be more skittish about just up and quitting. They’re holding onto jobs a bit more tightly than a year ago.

Death, taxes, and losing your shirt 24.08.2023 0:58 ↓

Unlike paying taxes where there is a deadline, the economy does not obey the clock.