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About Keith Molyneaux

Posts by Keith Molyneaux…

A Tale of Two Inflation Metrics

Much of what happens in the markets and the broader economy this year will be determined by the Federal Reserve, whose actions will, in turn, be determined by the path that inflation takes. The trouble with this is that there are many ways to measure “inflation,” and the two most common are telling somewhat divergent […]

Home Sales Rebound from Lowest Level in 30 Years in January

The housing market started the year on a somewhat stronger note, with the sales of previously existing homes increasing moderately after sales last year fell to the lowest level in nearly three decades. Sales of existing homes, which make up the bulk of the housing market, rose 3.1% in January from the month before to […]

Germany Slashes 2024 Forecast As Economy Navigates ‘Troubled Waters’

Germany recently overtook Japan as the world’s third-largest economy, but that should be taken more as a sign of Japan’s economic stumbles than Germany’s prowess, as the nation drastically slashed its economic projections and may already be in a recession. Germany’s Economy Minister Robert Habeck announced that the government’s forecast for economic growth in 2024 […]

Japan Enters Recession, Loses Spot as World’s 3rd Largest Economy

Japan’s economy is now the fourth-largest in the world after an unexpected economic contraction sent the nation into recession. The Japanese economy shrank at a rate of 0.4% in the months between October and December, according to the nation’s official Cabinet Office. That follows a contraction of 2.9% in the months between July and September, […]