March 4, 2025 • 41 mins
Kevin's take on the collapse of the minerals deal and a path to a ceasefire between the U.S. and Ukraine. Commerce Department released personal consumption expenditures price index on Friday, Kevin has the details and offers his perspective. Personal income numbers were also released, Kevin digs into the data. Late last week the Labor Department released the weekly initial jobless claims; the Census Bureau released the durable goods orders report and the Commerce Department issued their second estimate of fourth quarter Gross Domestic Product, Kevin has the details of these reports and offers his insights. Oil reacts to reports OPEC+ will proceed with a planned oil output increase in April, possible tariffs on Mexico and Canada due to take effect today, China preparing countermeasures to U.S. tariffs, Chinese manufacturing activity expanded in February and Great Britain talks about proposals for possible Ukraine ceasefire with U.S. assistance.
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