There are cracks appearing in the U.S. economy. When you turn on the CNBC or Bloomberg financial channels, you get the same story on oil prices. They continue to use the oil futures markets to describe the costs to consumers of energy. But you don't put crude oil into your car - it's gasoline and diesel that run your car. And I'm sorry, EV fans - less than 2% of miles driven in the U.S. are fuelled by electrons. Trump's on-again, off-again war in the Middle East is causing m
Phew, that was close. Fed officials are seldom as blunt as Christopher Waller was when yesterday he was quoted as saying that rates would have to rise in inflation came in hotter that expected in today's CPI report. Thankfully, it didn't. But you cans see the level of angst in capital markets in the internal correction that was playing out recently. The US2Yr bond yield touched 18 month highs yesterday on the report of Fed hawkish commentary from Chris Waller and stocks gyrat