IMPACT: Commodities has been the worst performing asset class this year, after leading up for the prior two years. The 24-member Bloomberg commodities index (DJP) is down near...

GROWTH: US wage growth has been running at multi-decade highs of over 6% since March 2022. It’s been led by the younger, the less qualified, and the lower paid. Leisure and...

OUTLOOK: The US is seeing an increasingly two-speed economy, and inflationary dichotomy. Manufacturing and goods demand is recessionary, pulling down headline and producer price...

STABILIZE: The US dollar has staged a mini rally the past six weeks. Catalyzed by safer haven demand around the US debt ceiling drama. And extended by the outlook for a less...

RATES: The shipping industry moves 90% of global trade, making it a real-time barometer. Both dry bulk and container shipping rates have plunged from their pandemic highs (see...

HOUSING: The US housing market has seen soaring mortgage rates (see chart) and falling home prices. Yet homebuilder stocks have been some of the best stock performers this year....

KOREA: South Korea is the world’s 12th largest economy and one of its economic ‘miracles’. Tripling in size the last 20 years and taking GDP/head to $33,000. This is more than...

The two-year US debt ceiling deal is positive, but reaction likely muted as most markets never sold off and the deal has some modest negative bond market and economic growth...

APPLE: World’ largest market cap stock has its World Developers Conference next week, June 5-9. It is potentially set to launch its long-awaited AR/VR headset, in its biggest...

SUMMER: Our outlook for harder won but still positive returns remain in place as we enter the peak summer. This typically see’s lower stock market returns and volumes, with June...