Consumer Prices Rose 0.5% Last Month and 5.4% Over the Last Year… The monthly inflation gain eased from the 0.9% pace in June, but annual inflation remained stubbornly high, at the same rate as last ...
Thinking Of Markets – March 3 2021
Students of financial markets may have noted a historically unusual event last week. On Thursday, the yield on 10-year U.S. Treasury notes briefly matched the dividend yield for the Standard & ...
2021 February 8th – Thinking of Markets
It’s not a black diamond ski run yet, but the yield curve for U.S. Treasuries is steeper than it has been in a while. A yield curve is the line on a graph showing yields for different maturities of ...
Week In Review – December 21 2020
Initial Jobless Claims Jump Again, From 862,000 to 885,000… Initial jobless claims moved the wrong direction again, missing forecasts of a 44,000 drop and instead rising by 23,000. What it means— ...
The Year End Crunch
Last week, vaccine optimism immunized investors against signs of economic weakness. Narrative economics holds that popular stories may affect individual and collective economic behavior. Last week, ...