Zombie McCarthy
Apr 27, 2023
It should be noted, that this is not an attempt to call Speaker McCarthy a zombie. However, we had to come up with somewhat of a title to combine the subject of a what a zombie company is along with the fact that the largest zombie company in the world might in fact be the U.S. government. Even then, the arbitrary debt...
Apr 20, 2023
Seriously, when is it ever not pending...but it seems at though this current pending phase is starting to wear out it's welcome. CPI data came in promising, but retail sales slumping maybe suggests that we might have some weakness ahead. But all this data also might suggest that the Fed's policy might be working and...
Apr 13, 2023
After a refreshing holiday weekend, the BLS is now releasing a ton of important economic data that the Fed will no doubt overreact to. What economic data might you ask? Well for one, jobs data came out on Good Friday, CPI came out earlier today, and retail sales will be released on Friday. In the last couple years, the...
Apr 6, 2023
So...OPEC+ in their infinite wisdom (actually lack thereof) recently made the 'brilliant' cartel decision to cut oil production by 1.5 million barrels per day. All the while, Saudi Arabia smoothed over tensions they had with Iran, courtesy of China, and speaking of China, they agreed to let Saudi Aramco buy into two of...