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July 21, 2022
This CPI meme is running out of space. pic.twitter.com/cPxoDnUUKR — Bitcoin (@Bitcoin) July 13, 2022
This CPI meme is running out of space. pic.twitter.com/cPxoDnUUKR — Bitcoin (@Bitcoin) July 13, 2022
Today's topics include the Fed will stay aggressive, more on capitulation, hoping for the best, no more cheap credit, the surge in Berkshire trading was about fractional shares, resilient US consumer, sovereign debt defaults, looming recession, and UK inflation hits another high
'Foreign' net purchases of U.S, Treasuries were large in May. Rather than coming from the largest holders like Japan or China, this month's flows were attributed to Caribbean countries often associated with hedge funds.
Today's topics include signs of capitulation?, mounting concern that Nord stream will remain offline, Europe's energy crisis, prices at the pump coming down, someone made a big bet on a 75 basis point hike last week, the dollar's effect on commodities, betting against the yen, the great resignation not going as planned for many, rising mortgage rates, and home sales slump
ESG investing in 2022 pic.twitter.com/PMrejkqIyM — Ramp Capital (@RampCapitalLLC) July 10, 2022
Wall Street analysts have been upbeat about earnings despite talk of recession and inflation squeezing margins. Will this outlook survive this coming earnings season?
Today's topics include chairman Timiraos dictates 75 basis points, U.S. inflation is a global problem, tightening financial conditions, have we seen peak inflation?, recession odds, the art of stock picking, declining productivity, divergent jobs data, Europe's energy crisis, central banks as buyers of last & first resort, and measuring supply chain stress.
Today's topics include annualizing inflation over shorter timeframes, can household savings stand up to inflation?, gas usage as a gauge of demand destruction, stock market sentiment, market uncertainty, lockdowns hit Chinese GDP, the cost of servicing debt, and defending JP Morgan's poor earnings.
Today's topics include checking in on the odds of Fed hikes after CPI, more on yesterday's CPI report, a bad start to earnings season, the labor market, estimating the cost of servicing U.S. debt, a soft landing seems increasingly unlikely, thin liquidity in 20-year Treasuries, and one of these volatility measures does not look like the others.