The U.S. has added jobs for 93 consecutive months. While this is clearly a positive sign for the economy, this streak could also be a function of improved data collection techniques.... Read More
A look at stock and bond total returns through June 2018... Read More
The U.S. has added jobs for 92 consecutive months. While this is clearly a positive sign for the economy, this streak could also be a function of improved data collection techniques.... Read More
A look at stock and bond total returns through May 31, 2018. ... Read More
Chinese holdings of U.S. Treasuries rose by $11 billion in March despite increased trade tensions.... Read More
The cost of doing business is rising, but these costs are not yet being passed along to the consumer.... Read More
Monthly fund flows through March 31, 2018. ... Read More
Stock and bond total returns through April 2018.... Read More
Yesterday's TIC release updates data through the end of February, so it is still too early to put Chinese Treasury holdings under a microscope in light of the steel tariffs.... Read More
An update of mutual fund and ETF flows... Read More
Stock and Bond Total Returns Through March 2018. ... Read More
Cell phone services have acted as a substantial drag on headline CPI over the past year, but this trend is likely about to come to an end. Charles Evans wants to see the dust settle before committing to further hikes.... Read More
China is expected to remain a buyer of U.S. Treasuries, which tends to occur with a strong U.S. consumer and rising yields. In other words, China's purchases are not a reason to get bullish on U.S. Treasuries. ... Read More
Flows into ETFs since 2001 show an investor preference for passive investment vehicles over actively managed mutual funds.... Read More
Stock and bond total returns through February 2018... Read More
Bloomberg – China Holdings of U.S. Debt Rose in 2017 by Most in Seven Years China increased its holdings of U.S. Treasuries last year by the most since 2010, in a signal its demand for American debt remains resilient. The... Read More
Bloomberg – U.S. Consumer Prices Rise More Than Forecast on Apparel Costs U.S. consumer prices rose by more than projected in January as apparel costs jumped the most in nearly three decades, adding to signs of an inflation pickup that... Read More
Bloomberg Business – China?s Holdings of Treasuries Slump to Lowest Level Since July China?s holdings of Treasuries fell to a four-month low even as its foreign-exchange holdings increased in November, in a potential sign the world?s second-largest economy is curbing its... Read More
Bloomberg – U.S. Core Inflation Accelerates The underlying pace of U.S. inflation unexpectedly accelerated in December amid increased housing costs, reinforcing the outlook for the Federal Reserve to raise interest rates several times in 2018. Excluding food and energy, the so-called... Read More