There is a risk now that the escalation of the Russia-Ukraine conflict will push oil past $100/barrel. It could be argued that any conflict would be negative for global growth…
The RoMac Whole House Commodity Index jumped again in mid-February by 7.5% m/m to $64,079, a new record. The spread of price pressures beyond lumber is indicative of the supply…
Firms’ year-ahead inflation expectations increased significantly to 3.6% during February, up from 3.4% in January, according to the latest Atlanta Fed Business Inflation Expectations Survey. Businesses in the Sixth District…
Green energy stocks continue to struggle after a difficult 2021, a sharp reminder of the bumpy transition to a greener future. The renewable energy sector has been particularly hard hit…
There was nothing consoling in this CPI report. There was no evidence of a hit from Omicron: on the contrary, services inflation accelerated. Together with the January payrolls report, it…