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Inflation Watch – Shelter Costs to Decide Inflation’s Fate
December 12, 2023
Inflation came in right at expectations in November. With the easy part of the fight against inflation now over, shelter prices will have to continue lower if the Fed hopes to hit its 2% target.
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Quick Comments/What We’re Reading
December 12, 2023
Today's topics include how long can the rally last?, respark the passive v. active debate, small business sentiment is poor, mag7 fade?, rate cut questions for Powell, high yield ETFs big inflow in November, and is ditching China possible?
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Cartoons
December 12, 2023
Newsclips
Quick Comments/What We’re Reading
December 11, 2023
Today's topics include the Fed turns its focus to rate cuts, previewing tomorrow's CPI report, Barron's declares higher rates are here to stay, investing in a new rate regime, the everything rally, looking for recession, higher borrowing costs trickling through to companies, housing affordability, and 0DTE options
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Cartoons
December 11, 2023
Media & Communications
Jim Bianco on Fox Business discussing No Landing Scenario, Bond Yields & the Return of Stock-Picking
December 8, 2023
Jim Bianco on Fox Business discussing No Landing Scenario, Bond Yields & the Return of Stock-Picking with Charles Payne.
Newsclips
Employment in Pictures – An Eye on Wage Growth
December 8, 2023
November's jobs data came in mostly as expected. The monthly wage growth figure rose by 0.4%, which the Fed is undoubtedly monitoring.
Newsclips
Quick Comments/What We’re Reading
December 8, 2023
Today's topics include looking into 2024, will the Treasury rally keep going?, fighting the Fed, eyes on the BoJ & yield curve control, higher rates are the new normal, wage growth & central banks inflation fight, BofA says ditch stocks, and time to buy banks?
Newsclips
Cartoons
December 8, 2023
Charts of the Week
Wealth & Debt Distribution in the U.S.
December 8, 2023
A comparison of the assets and liabilities of the wealthiest Americans versus the rest of the country
Charts of the Week
Financial Conditions & Fed Policy
December 8, 2023
At his November 1 press conference, Powell made the case that tighter financial conditions could act as a substitute for further Fed hikes: As I mentioned, persistent changes in broader financial conditions can have implications for the path of monetary policy. In this case, the tighter financial conditions we’re seeing—[coming] from higher long-term rates, but also… Continue reading Financial Conditions & Fed Policy