Foreigners bought a record $118.79 billion in U.S. Treasuries in March. China led the charge.... Read More
Core CPI rose 0.92% month-over-month, its fastest monthly increase since 1981.... Read More
Today's payrolls release produced the biggest downside miss on record, with economists overestimating the number of jobs created in April by 734,000.... Read More
Since 1973, commodity total returns have never seen a better start to the year.... Read More
Equity funds saw a record $74.4 billion in inflows in March.... Read More
A look at the size of various markets compared to the U.S. economy... Read More
Foreigners sold a record $682 billion of Treasuries in the year ending February 2021.... Read More
With base effects taking hold of the year-over-year inflation reading, we offer some perspective on what the next couple months may hold for both CPI and core CPI.... Read More
The first quarter of 2021 has been one for the record books on the fixed income side. With 10-year yields rising roughly 83 basis points in the U.S., fixed income suffered its worst quarter from a total return standpoint in over four decades.... Read More
Inflows into equity ETFs outpaced outflows from equity mutual funds in February, resulting in one of the largest monthly inflows into stocks on record.... Read More
Although foreigners have added to their Treasury holdings since the pandemic started, they now own a smaller share of the market thanks to the Fed's massive purchases.... Read More
Next month, inflation data will begin to be skewed by pandemic-induced base effects. We attempt to quantify what these base effects could look like under even the most benign scenario as a precaution.... Read More
Despite almost 900k people missing work due to inclement weather in February, the payrolls report still managed to beat almost all analysts' estimates.... Read More
Bonds are off to one of their worst starts to a year on record. Small cap and value stocks continue their ascent. The broad-based commodity rally has many calling for a super cycle.... Read More
Despite being extremely rich when compared to Treasuries, muni bonds continued to attract record inflows in January.... Read More
The Fed's holdings of Treasury securities continues to grow and remains larger than all other central banks' holdings combined.... Read More
The BLS added a line of questioning to its monthly CPI survey to better assess housing inflation during the pandemic.... Read More
There are still almost 10 million fewer jobs in the U.S. than there were prior to the pandemic. As might be expected, a large chunk of these lost jobs are in the leisure and hospitality industry.... Read More
An update on the returns of the most shorted stocks in the Russell 3000... Read More
Flows into corporate bond ETFs and mutual funds remained strong through the end of 2020.... Read More