The Fed argues that they no longer need to raise rates and will let bond market vigilantes regulate the economy via higher long-term yields. When this has happened before, voluntarily or involuntarily, it has ended in chaos. Will this time be different?
Today's topics include breakevens rise, gauging the US economy, kicking the recession can down the road, advice on investing in the new 5% world, central banks' 2% target, the 'year of the bond' is not going as planned, the US housing market, the anatomy of a bull market, and BofA metric flashes contrarian buy signal for stocks
Inflation-adjusted retail sales remain below their peak from March 2021.
As third quarter earnings reports flow in, the banking sector will be a focus. The FDIC aggregates banks' data to offer a profile of the industry.
According to the IMF, financial conditions in the U.S. remain easier than the long-term average.
Indeed.com publishes an index that shows the number of job postings relative to the pre-pandemic period.
Demand-driven inflation has fallen seven consecutive months, but supply-driven inflation has been more static over the same period.
Rumors of a spot bitcoin ETF this past week brought Grayscale's discount to NAV to its smallest level since November 2021.
A long-term look at U.S. farmland
Some interesting charts from our recent posts
Today's topics include Fed policy expectations heading into Powell's speech, post shutdown economy, the odds of a recession, some hope for the 60/40 portfolio after a terrible year?, stock/bond correlation, the U.S. vs. Europe, mortgage rates hit 8%, modeling the cost of money, and watching word counts in the beige book