Activity in the world’s second-largest economy slowed again in August, closely-watched data out Wednesday showed. Retail sales in China rose just 2.5% YoY last month
Day: September 14, 2021
Glaring Disconnects And ‘Rage Allocation’
I suppose we’re witnessing a “selloff.” Maybe folks are front-running the pullback window. The reason for the scare quotes around “selloff” should be obvious. Although
No Way Out Of This Rabbit Hole
If you’re wondering what might stop the Fed from unveiling a taper over the next six months, the answer is “nothing.” It’s almost impossible to
Stock Investors Are ‘Ignoring The Macro’
The disconnect between investors’ positioning in stocks and their outlook for the economy is growing. That was the main takeaway from the September vintage of
Core Inflation Slows Sharply In Win For Team ‘Transitory’
US consumer prices rose less than expected in August, bolstering the Fed’s “transitory” narrative and likely cementing the case against a taper unveil at the
‘Tough And Complicated’
Risk sentiment was mixed Tuesday as traders looked to the latest US CPI data for fresh insight into the likely trajectory of Fed policy. Count
