If strong: Thursday’s stronger-than-expected PPI shows that inflation data remains volatile and that the inflationary effects from tariffs that many were worried about may be starting to show up in the data. Thursday’s strong PPI adds confusion to the inflation picture, especially after Wednesday’s softer-than-expected CPI. It may take [...]

The stock market's rally has legs, as the trade negotiation with China was seemingly the toughest one on the docket, and the idea that there has been this much progress on the negotiations over such a short period of time, suggests that a resolution may be on the horizon. [...]

(1) The stock market's tariff-driven volatility has now started to incorporate some Federal Reserve-driven volatility, as it remains clear that the Fed is not coming to the rescue by cutting rates at this time, and that's making investors nervous. We caution investors to be careful what they wish for when [...]