Company Research

The Higher for Longer Part II Declared Jerome “The Hammer” Powell Issue Fed Chairman, Jerome Powell, continues to hammer home his “higher for longer” mantra regarding rates. The pivot will come eventually, but no time soon. The economy is showing surprising strength, and while there is still some ambiguity to the data, the nightmare economic … Read more

The Higher for Longer and Jerome’s not Kidding Issue Jerome Powell tells the “pivot people” higher for longer. We’ve been seeing inconsistent economic data turning more negative. DKI Board Member Mish Shedlock illustrates this point and Michael Gayed warns about the possibility of another round of stagflation. DKI agrees with both of them. Charlie Biello … Read more

The “Pause” Issue New CPI is lower, unless you count Core CPI which is sticky. Fed “pauses”, but raises rate target for the year and pours cold water on the “pivot” soon crowd. The $ATVI / $MSFT deal faces further hurdles. And the yield curve continues to indicate a coming recession. We also congratulate DKI … Read more

The Real Estate Issue Commercial real estate is collapsing while home prices have remained relatively stable. Want to know how and why? We have you covered. Plus, there’s more Chinese data threatening a global slowdown and US consumers continue to spend even though it means running up more credit card debt. What do higher credit … Read more

The Inconsistent Data Issue DKI has been writing about inconsistent economic data since last November. We’re now seeing the ISM, PMI, goods and discretionary purchases all showing weakness. Lumber is down but housing prices haven’t crashed yet despite higher financing costs. Services and employment data all showing strength. Don’t know what all of those things … Read more