Weekly Market Pulse: Is Perception Reality?
A recent poll conducted by Harris and the UK news outlet The Guardian, produced some interesting results. Of those polled: 56% believe the US economy is in recession 49% believe the S&P 500 is down for the year 49% believe the unemployment rate is at a 50-year high 72% think inflation is increasing The reporting on this has been mostly [...]
Market Morsels: The “Good News” On Inflation
Bonds and stocks rallied last week on the back of two pretty good inflation reports, right? I suppose but there were other things going on too so let's take a look at how inflation expectations changed last week and see if that's what drove markets. The 5 year inflation breakeven fell by 2 basis points. Yes, 2. 10 year inflation [...]
Weekly Market Pulse: Ch-Ch-Changes
There were two important inflation reports last week. One of them, the Producer Price Index, focuses on wholesale prices and it showed inflation hotter than expected in April. The year-over-year change bottomed in June of last year at just 0.3% and has been rising steadily since then. It now stands at 2.2%. The market reaction to this report was - [...]
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