Search
Focused Research
Employment in Pictures – Enough to Dictate a 50 Basis Point Cut?
September 6, 2024
The jobs report missed estimates slightly. Downward revisions to the past couple months were more substantial. However, wage growth ticked higher. Traders did not see the data as bad enough to definitively dictate a 50 basis point rate cut at the September FOMC meeting.
Newsclips
Quick Comments/What We’re Reading
September 6, 2024
Today's topics include perspective on the sizing of September's rate cut, paying attention to volatility, Fedspeak, more new debt issues, the state of globalization, commodity demand, issues in China seem hard to resolve, more on China's desire to control markets & investment, office commercial real estate issues are not over, and Cliff Asness on market efficiency & social media
Newsclips
Cartoons
September 6, 2024
Charts of the Week
Let the Rate Cuts Begin
September 6, 2024
Developed-market central banks were not going to wait for the Federal Reserve before they started cutting interest rates themselves.
Charts of the Week
How Do 10-Year Yields React to Rate Cuts?
September 6, 2024
How do yields react to rate cuts? It depends on the state of the economy and inflation.
Charts of the Week
European Natural Gas Storages Almost Full
September 6, 2024
The costs associated with filling natural gas storages in Europe this year are much closer to the years prior to Russia's invasion of Ukraine than the costs seen during the past couple years.
Charts of the Week
Measuring the Election Horserace
September 6, 2024
The race is too close to call in this installment, with Trump trending slightly better. The debate is Tuesday, September 10, which could significantly change candidates' odds in the coming days.
Charts of the Week
Tracking Mobility in the United States
September 6, 2024
We have often argued the biggest economic event of our lifetime was the shutdown and restart of the global economy in 2020. We check in on mobility in the United States.
Charts of the Week
Updating the Fed’s IOU’s
September 6, 2024
The Fed's cumulative losses since September 7, 2022 now total roughly $193 billion.
Charts of the Week
A Long-Term Look at Compute Power & the Cost of Memory
September 6, 2024
A long-term look at compute power & the cost of memory
Charts of the Week
Weekly Research Recap
September 6, 2024
Some interesting charts from our recent posts