Most of the causes for last week's stock market drop are outside of the U.S. as most domestic economic news is promising and supportive. However another possible reason for the market's reactions is the future of U.S. monetary policy.The stock market opened today after a significant drop last week and a myriad of reporters and analysts looking for the reasons why. Most of the causes are outside of the U.S., which include the Middle East situation, the Russia/Ukraine conflict, Argentina's debt default and Portuguese banking problems. These problems, however, are not particularly new, unique, shocking or worse than they have been in the past. Meanwhile, the U.S. economic news is promising and supportive. Consider the following:
Real gross...
Key Takeaways: Milk alone has not covered the full economic cost in any year since 2021: milk revenue fell short by $4.50, $2.15, $6.50, $1.27 and $2.34 per hundredweight in 2021 through 2025. Calf and cattle prices decided whether dairies cleared cost: cattle and other income lifted total rev...
Key Takeaways: Dry bulk markets are mixed with Capesize rates seeing solid gains while Panamax values slipped on a growing tonnage list. Supramax and Handysize vessels were stronger, though all sectors remain vulnerable to the seasonal dip in rates through Q4 and into Q1. Falling water l...
What You Need to Know Today: The Federal Reserve held interest rates steady at 3.75 to 4.0 percent Wednesday, with two officials dissenting in favor of a 25-basis-point increase. The Fed upgraded its assessment of economic growth from "solid" to "strong" but adopted a more patient approa...
