WTI crude is below the April 9 low of $55.12 as today’s rout extends. Oil is down $1.75 on the day at $55.08, which is …
The latest Bank of America fund manager survey is out and it’s concerning news if you’re long stocks. Sentiment is overly bullish. The survey has …
The US business inventories and retail inventories ex-auto for September 2025 (old data) shows: Business inventories +0.2% versus 0.1% estimate Retail inventories ex-auto 0.0% versus …
Sector Overview The US stock market is showcasing a mixed bag today, with tech giants facing pressure while other sectors reveal brighter spots. Within the …
The flash S&P Global manufacturing and services PMI data for December is out and shows weakness: Prior month manufacturing 52.2 Manufacturing flash PMI 51.8 versus …
Summary of the comments from WH Economic Advisor Kevin Hassett:NEC Director Kevin Hassett said there is plenty of room to cut interest rates, arguing that …
Fundamental backdrop: mixed US data weighs on the dollar The USDCAD moved lower following a heavy US data dump, with the October jobs report showing …