Data Reports
Inflation Watch – Biggest Beat in More Than a Year
February 12, 2025
CPI came in much higher than expectations. Traders now see a roughly 50/50 chance the Fed remains on hold through the September meeting.
CPI came in much higher than expectations. Traders now see a roughly 50/50 chance the Fed remains on hold through the September meeting.
Today's topics include Powell reiterates no rush on lowering rates further, two conflicting views on inflation, an uncertain society but calm market, a shift in what is driving equity markets, Japanese borrowing costs, earnings beats continue to roll in, risk on market, draining reverse repo, China's property crisis is getting worse, creating a bipolar world, traders eye Wednesday rallies, and are stablecoins the future?
In the latest installment of Talking Data, Jim discusses inflation expectations and the market's reaction.
Today's topics include Previewing tomorrow's CPI report, explaining Trump's treasury irregularities comment, the Fed remains in wait-and-see mode, today's tariff headlines, many ways to measure an overvalued market, European natural gas, and sanctioned oil
The Fed believes controlling inflation expectations is critical to returning to its 2% target. However, most measures of inflation expectations are becoming unanchored. If the Fed continues ignoring this, the bond market's reaction will worsen.
Q4 2024 earnings season is past the halfway point. Full-quarter growth has accelerated as companies have beat expectations.
Today's topics include the latest on the tariff wars, a cryptic message on Treasury irregularities discovered by DOGE, inflation expectations, speculators will not be deterred, checking in on sentiment, tracking the debt ceiling x-date, AI investment, and the cost of a penny
Jim Bianco joins Bloomberg Radio to discuss Sticky Inflation, Rate Cuts, the 4-5-6 Market, Active Management, Earnings & the K-Shaped Economy, Real Yields, Jobs Data, US Dollar with Tom Keene & Paul Sweeney.
The annual benchmark revisions closed the gap in job growth seen between the household and establishment surveys. The labor market appears quite healthy and the Fed should remain on hold for the foreseeable future.