Charts of the Week
Labor Statistics Since 1774
December 29, 2022
Labor statistics since 1774
Labor statistics since 1774
Today's topics include The BoJ continuing its battle against higher rates, breaking down purchasing power by income levels, central banks' gold purchases, betting on defensive stocks, commodities, Russian oil exports, and what to do with commercial real estate
Today's topics include stealth QE, China's reopening, air travel, economists pessimistic on Eurozone growth in 2023, remote work, housing stocks, and checking in on the world's richest
The Definitive Guide to CNBC Anchors' Facial Expressions pic.twitter.com/rKDBOqwwaB — Rudy Havenstein, Senior Markets Commentator. (@RudyHavenstein) December 26, 2018
The secular trend in 10-year yields is higher and could stay that way for many years.
China is not yet showing signs of reopening, despite announcements that zero-Covid restrictions are being lifted. This matters for Wall Street as a Chinese rebound is central to the 2023 consensus views of a rebound in raw commodities, a surge in finished goods that will depress inflation leading to the Fed pivoting, and risk markets soaring in 2H 2023.
Today's topics include more on the jobs market discrepancy, ECB path to peak rates looks steep, negative-yielding debt nearly extinct, central banks' reputations, earnings forecasts right on the mark, macro funds celebrate, Wall Street profitability, housing's role in the Fed's inflation fight, and junk bonds dealing with higher yields
Today's topics include discussing market conditions, more on the BoJ's move, earnings disappointments conveys a warning signal, more bad news for big tech, geoeconomics, the central bank balancing act, China's COVID blunder, and what can we can we handle in 2023?
A look at outstanding amounts of Treasuries, corporates, agencies, munis and open market paper