Market Performance (YTD) Source: YCharts Disclaimer: Past performance is no guarantee of future performance US Produce Prices YoY w/Contributions: {ECAN<Go>} pic.twitter.com/QRsJBkUVVr — Michael McDonough (@M_McDonough) January 18, 2023 US Produce Prices MoM w/Contributions: {ECAN<Go>} pic.twitter.com/Vw0d6a4KgZ — Michael McDonough (@M_McDonough) January 18, 2023 "December Activity was Soft, even Allowing for Winter Storm Hits" @IanShepherdson https://t.co/qLWAR5pkHl #PantheonMacro... Read More →

Market Performance (YTD) Source: YCharts Disclaimer: Past performance is no guarantee of future performance World Bank Cuts 2023 Forecasts and Warns of Global Recession https://t.co/1fFuyva5LH pic.twitter.com/gzCkrX0NAX — Gregory Daco (@GregDaco) January 10, 2023 Year-on-year CPI inflation in the US is now fundamentally a story of two categories—Food and Core Services (which includes housing) The year-on-year... Read More →

Market Performance (YTD) Source: YCharts Disclaimer: Past performance is no guarantee of future performance #Stocks tend to bottom when leading economic indicators (LEI) bottom. The @Conferenceboard LEI -4.46% YoY in November, at the current trend they have 6 months before hitting past troughs of -10%. Of course trends can change & '08 was worse than... Read More →

Market Performance (YTD) Source: YCharts Disclaimer: Past performance is no guarantee of future performance Key Fed Takeaways: – Fed slows rate increase, as expected– But emphasizes that it will do more to restrain the economy– Rates to 5.1% next year, up from 4.6% prev forecast– Unemployment expected to jump (4.6%)– Growth will pull back sharply... Read More →

Market Performance (YTD) Source: YCharts Disclaimer: Past performance is no guarantee of future performance gm ☀️ pic.twitter.com/BPwxuCG7vA — Ramp Capital (@RampCapitalLLC) December 13, 2022 BREAKING BOOM: IT'S COOL: Headline CPI rises just 0.1%. Core CPI rises just 0.2% Economists had been looking for a 0.3% headline gain, and a 0.3% core gain. YOY headline inflation... Read More →

Market Performance (YTD) Source: YCharts Disclaimer: Past performance is no guarantee of future performance Powell: “The time for moderating the pace of rate increases may come as soon as the December meeting.” https://t.co/YlZFha3ktg — Nick Timiraos (@NickTimiraos) November 30, 2022 Shorter Powell: It's all about wages. He basically says not to worry about goods or... Read More →

Market Performance (YTD) Source: YCharts Disclaimer: Past performance is no guarantee of future performance Credit card debt is near pre-pandemic levels and this is the latest worry. What they don't tell you is consumers are using only 21% of their total credit, well beneath the 24% avg pre-pandemic. Also, household debt payments relative to income... Read More →

Market Performance (YTD) Source: YCharts Disclaimer: Past performance is no guarantee of future performance Household Debt Rises to $16.51 Trillion on Higher Mortgage, Credit Card Balances @NYFedResearch https://t.co/IPEYVWtLeR pic.twitter.com/Im1bRNG9hR — Sam Ro 📈 (@SamRo) November 15, 2022 15% increase in credit card balances in Q3 "towers over the last eighteen years of data" – @NYFedResearch... Read More →

Market Performance (YTD) Source: YCharts Disclaimer: Past performance is no guarantee of future performance Huge post-CPI price action S&P +5.3% = best day since Apr 2020Nasdaq +7% = the best day since 20205yr yield biggest 1-day drop since 2009DXY -2.25% = the worst day since 2015 — Jonathan Ferro (@FerroTV) November 10, 2022 This was... Read More →

Market Performance (YTD) Source: YCharts Disclaimer: Past performance is no guarantee of future performance How much did markets dislike Powell's presser today? It was the worst last 90 minutes of a Fed Day for the S&P (-3.2%) since 1994 (when the Fed began announcing policy decisions on the day of the meeting). Read our full... Read More →