March 19, 2024
The headline CPI index rose 0.44% in February and was up 3.2% from a year earlier. The 6-month annualized rate was also 3.2% pic.twitter.com/aXEwQHkpIv
— Nick Timiraos (@NickTimiraos) March 12, 2024
China has provided a big disinflationary impulse driving US goods price growth negative over the last year.
Keeping inflation a bit above the Fed's mandate requires this pace of disinflation to continue, which is by no means a given ahead (as seen in this weeks data). pic.twitter.com/5H1hXlWgPR
— Bob Elliott (@BobEUnlimited) March 15, 2024
The control group for retail sales (which feeds into GDP) unchanged on the month after a decline last month. pic.twitter.com/gxtC0R2gKl
— Kathy Jones (@KathyJones) March 14, 2024
The 2y10y Treasury yield curve spread has been inverted for 422 consecutive trading days, which puts it ahead of the 1978-80 inversion for the longest ever. Not hearing much about this lately… but it's something to note.
h/t @StrategasRP for the chart. pic.twitter.com/kMYUnOuOcG— Liz Young (@LizYoungStrat) March 12, 2024
APOLLO: “.. commercial real estate prices are starting to recover .. This is helpful for the regional banks and for the broader economic recovery.” [Skol] 🇺🇸 #CRE $KBE pic.twitter.com/8x3BOUZGTH
— Carl Quintanilla (@carlquintanilla) March 14, 2024
Ratio of S&P 500 Momentum Index relative to S&P 500 Low Volatility Index has been soaring of late … at highest since early 2000s
[Past performance is no guarantee of future results] pic.twitter.com/a86NYwuFLC— Liz Ann Sonders (@LizAnnSonders) March 14, 2024
"The biggest stocks are more overvalued, but to call the market outside the top 10 cheap is being generous." https://t.co/hWm7IfA8Mz via @dailychartbook @NDR_Research pic.twitter.com/CbLRGjGKGd
— Jesse Felder (@jessefelder) March 15, 2024
You rarely ever see this.
Even as the S&P 500 closed at overbought levels for 40 straight days heading into today, not a single sector has been overbought for as long. pic.twitter.com/jRuT0gjzvV
— Bespoke (@bespokeinvest) March 15, 2024
Oaktree’s Howard Marks says many companies are still ‘swimming naked’ with debt maturities yet to hit https://t.co/FA0SG11u0V
— Bloomberg Economics (@economics) March 10, 2024
Corporate defaults running at highest level since global financial crisis, says S&P https://t.co/9dKNSFDo55 via @ft pic.twitter.com/wwty1ftmF3
— Jesse Felder (@jessefelder) March 14, 2024
Poor sales as the single most important problem for small businesses is not a reading you want to see start ticking higher. pic.twitter.com/QGiKGK6mZH
— Bespoke (@bespokeinvest) March 13, 2024
"Document 79 was so sensitive that high-ranking officials & execs were only shown the order & weren’t allowed to make copies…It requires state-owned companies in finance, energy and other sectors to replace foreign software in their IT systems by 2027."https://t.co/81pEwzBojM
— Shehzad Qazi (@shehzadhqazi) March 13, 2024
Generative AI market size projections ($ billions) –
AI market expected to grow by ~42%CAGR until 2030!
Very early days… pic.twitter.com/4RpSBS2euI
— Puru Saxena (@saxena_puru) March 9, 2024
$AMD CFO last week: "We think AI, starting in data center and it's going to go to edge, going to personal devices…you can actually see the pace & the rate of innovation of model applications actually accelerating. It's probably actually held back because nobody has enough GPUs"
— The Transcript (@TheTranscript_) March 16, 2024
$NVDA CEO: "The rate at which we're advancing in computing is insane, and it's still not fast enough. So we built another chip. This chip is just an incredible show. We call it the NVLink switch. It's 50B transistors. It's almost the size of Hopper all by itself. This sweatshirt… pic.twitter.com/SwLKkMbOWi
— The Transcript (@TheTranscript_) March 18, 2024
Semiconductor stocks are now at the most expensive levels relative to the S&P 500, surpassing the dot-com peak.$SOXX $NVDA $AMD $AVGO $SMH pic.twitter.com/V0MxLC6bzS
— Beth Kindig (@Beth_Kindig) March 11, 2024
Sector weightings are a big reason why international markets have underperformed the US over the last 10-15 years. US=Tech=Outperformance pic.twitter.com/pWdLBxMjJE
— Bespoke (@bespokeinvest) March 11, 2024
Wildest part of the job growth by metro area data is you have to group the cities into bins before charting—otherwise, Austin completely breaks the scale by having 14 percentage points more growth than the national average and 5.6 percentage points more than the next-closest city https://t.co/jq0DSUbzkC pic.twitter.com/FhwMNqkRQD
— Joey Politano 🏳️🌈 (@JosephPolitano) March 13, 2024
You're looking at the fastest growing part of America. Kaufman County, Texas, in the Dallas-Ft Worth metro metro area.
– In 2020, about 145k ppl lived there.
– In 2023, the population was 186k
– By end of '24, it's projected to have ~197k.Jesus, Texas… pic.twitter.com/X8l1d5g8KH
— Derek Thompson (@DKThomp) March 14, 2024
Microsoft on Google: "Today, only one company – Google – is vertically integrated in a manner that provides it with strength and independence at every AI layer from chips to a thriving mobile app store." $goog $msft pic.twitter.com/W1n9RxLRKo
— Alphabetting (@wintermoat) March 14, 2024
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