German Far-Right Party Wins Local Elections: A New Risk for Investors?
The AfD’s Saxony-Anhalt victory adds political uncertainty to Germany’s fragile recovery as industry, bonds and inflation remain under pressure.
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The S&P 500 Just Hit a 30-Year Valuation Paradox, Yardeni Says
Ed Yardeni said the PEG ratio fell to 0.75, its lowest in 30 years. Multiples keep contracting as earnings increase.
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Labor Market Red Flags: June Layoffs Revised Up by 19,000 While Hires Sink by 16,000
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