Independent thinking for complex markets and current events
by confoundedinterest17 Trump’s threats of bombing Iran back to the stone age continues. But the impact on Treasury yields is interesting. As the US economy continues to grow, the US Treasury curve takes on the familiar upward slope. With rising long rates. Particularly when compared to the negative humped yield curve of a year ago. …
by confoundedinterest17 Good news! Consumer prices rose only 3% YoY. Lower than the growth in M2 Money of 4.66% YoY and Federal government spending of 7.8% YoY. While consumer prices rose only 3% YoY, housing (shelter) rose 3.65 YoY. The US Treasury yield curve remains upward sloping from 2Y-30Y.
by Mike Shedlock By many measures the price of food is on the rise. Let’s discuss some charts. CPI and PPI food Indexes from BLS, chart by Mish The price of food away from home closely track the PPI. And the PPI shows rising pressure on prices. CPI Food Index Levels at Home vs Away …
U.S. 🇺🇲 Initial Jobless Claims pic.twitter.com/tpVY1mToKg — Win Smart, CFA (@WinfieldSmart) April 1, 2024 McKinsey is now offering staff 9 months severance if they agree to leave the company, in a bid to reduce headcount amid a huge downturn in professional services. — MacroEdge (@MacroEdgeRes) March 31, 2024
BY DAVID HAGGITH Photo by Charlotte Harrison on Unsplash Today’s news is so flooded with stories that show the trends I’ve teen warning about that I can’t even begin to cover them all in the time I have to read through the news, organize it and then write an editorial. So, I’m going to go through them in …
U.S. jobless claims fall to 216,000, lowest level since February (Bloomberg) — Applications for US unemployment benefits fell to the lowest level since February, underscoring businesses’ reluctance to let go of workers. Initial unemployment claims decreased by 13,000 to 216,000 in the week ended Sept. 2, Labor Department data showed Thursday. The figure was lower …
by Hephaestus4 Oil prices also increasing. The Fed and mainstream media are living in an alternate universe. People are currently having to make choices between medicine, paying rents, food, or car payments/filling the gas tank. Church Food pantry near where I live people are lining the packed street every Sunday and Saturday.
via thecollegefix: Harvard University has granted a fellowship in public health to former Chicago Mayor Lori Lightfoot, who recently became the first Chicago mayor to lose a re-election bid in 40 years after a controversy-ridden tenure as the Windy City’s top boss. In her role as the Menschel Senior Leadership Fellow, Lightfoot “will teach a …
