James Dailey

At the risk of being drafted as a Republican presidential candidate, I will now lay out how we are flip flopping around on our outlook like a fish out of water. In case you cannot tell by now, our conviction level in a specific narrative as to why markets are unfolding as they are...
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I've definitely developed an acute case of wishing Europe would go away already, and after this week I'm cautiously optimistic that may actually occur in an acute sense for a least a few months. The combo of the ECB announcements on Thursday with what appears to be coming out of the EU summit provides...
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Despite markets having more moves than a MLB shortstop hitting .200, not all that much has changed in the past three weeks. We are still awaiting the latest iteration of a "plan" out of Europe, coincident economic data for the US remains ok, though leading indicators continue to forecast that a recession is already...
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We regularly hear/see market players comment that the bond market is smarter than the stock market. Is that really true this time?
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Today James Dailey delves into the battle between inflation and deflation our economy faces. James believes that while the challenges our economy faces are inherently deflationary this will ultimately be resolved with massive money printing.
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