Where’s the Wandering Wolf today?

(Hint: it takes a couple hours for the sun to set.)

US durable goods orders increased 0.7% in April—but they suffered a huge downward revision for March, from 2.6% to 0.8%.

The increase is zero, if we don't count defense orders...

Oops: Retail Sales went negative—and the previous 0.8 was revised down to 0.4—showing that economic rebound celebration in the UK is premature...

Great conversation with Jay Martin, digging into the How and Why of resource speculation and not just the usual What...