ECONOMICS

Authored by Lance Roberts via RealInvestmentAdvice.com,

The Chicago Fed National Activity Index (CFNAI) is arguably one of the most important and overlooked economic indicators. Each month, economists, the media, and investors pour over various mainstream economic indicators, from GDP to employment and inflation, to determine what markets will likely do next.

While economic numbers like GDP or the monthly non-farm payroll report typically garner the headlines, the most crucial statistic, (more…)

Following a slew of FedSpeak from his minions (all confirming the 'high(er)-for-long(er), data-dependent, no rate-cuts in sight' narrative), and after his nothingburger address at The Fed yesterday, Fed Chair Powell will participate in a panel discussion at The IMF entitled: "Monetary Policy Challenges in a Global Economy."

Joining Powell in the discussion are the IMF's Gita Gopinath, Bank of Israel Governor Amir Yaron, and Kenneth Rogoff, chair of international (more…)

By Francesco Sassi of Oilprice.com

The ongoing conflict between Israel and Hamas, killing hundreds of civilians a day and threatening critical infrastructures of all sorts in the vicinity of the Gaza Strip, has reached a new turn, with the full encirclement of Gaza City by Israel’s army. Yet, the implications of this asymmetric war are largely misunderstood. Day by day, the energy picture of the Middle East becomes murkier, possibly upending global energy security in ways markets are (more…)