It's the time of year, when stock market prognosticators rush to boost their S&P 500 forecasts.
Predictions of an economic downturn need to be taken seriously but not literally, especially in the current environment.
Investors were worried that this year's market rally was fueled by a small handful of stocks. That's changed suddenly--and without much drama.
A stellar CPI report confirms that inflation is just about slayed. Now, policymakers need to think about the labor market.
Precise index projections have never served investors well.
The U.S. consumer price index is still a fog of lags, imputations and general noise, but the categories that matter are extremely encouraging.
The economy has been largely unresponsive to Fed policy moves, but that doesn't mean the U.S. will be permanently rate-insensitive.
America's two-track economy is leaving many behind, particularly young adults.
Strong labor-cost data for the first quarter is good for workers, fine for inflation but not great for interest rates.
The Fed's preferred gauge of price changes confirmed that we're at the bumpy end of the road back to 2%.
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