The European economy is in a recession, basically, and price pressures, although no longer acute,
Category: economy
Are Fed Cuts Star-Crossed?
Where’s neutral? We still don’t know. Indeed, we can’t know. But sometimes, the data suggests
Market Looks To US GDP Release As Fed Goes Silent
For the next several sessions, US rates will take their cues from data and supply
Historic Distortions Push Home Sales To Lowest In Three Decades
Existing home sales in the US were the lowest in nearly 30 years in 2023.
US Consumer Sentiment Posts Largest Two-Month Gain Since 1991
Consumer moods brightened dramatically and inflation expectations receded further in early January, the preliminary read
UK Retail Sales Unexpectedly Plunge As Christmas Goes Wrong
“Wet weather in December will inevitably attract some of the blame,” ING’s James Smith wrote
US Jobless Claims Plunge, Adding To Case Against March Rate Cut
If you were looking for more evidence to suggest the US economy and labor market
Builder Mood Bolstered By Big Drop In Mortgage Rates
Homebuilders across America are feeling quite a bit better about things all of a sudden.
Doves Singed By Hot US Retail Sales
US retail sales were much stronger than expected in this week’s only top-tier data release
UK Inflation Rises, Burns Rate Cut Bets
Bad news: UK inflation ticked up in December. Headline consumer prices rose 4% last month,
Chinese Economy Is Giant Question Mark After Challenging Year
Congratulations to Beijing. China hit its growth goal for 2023 despite Xi Jinping’s best efforts
Is China Out Of Ideas To Rescue Its Economy?
China was supposed to cut rates on Monday. Consumer prices are flat in good months
Fed Speakers In Focus As Rate Cut Expectations Build
It’s another holiday-shortened week in the US. Traders coming off the three-day weekend (the third
One More Time: Chaos Is Normal. Calm Is The Outlier
Over and over again, day after day, market observers of all kinds (myself included, although
US Producer Prices Slow Again, But Red Sea Drama Poses Inflation Risk
If you were up all night worrying about the overshoot on headline CPI reported by
Soft Landing Bandwagon Welcomes A Big Name As Market Ponders CPI
Call off the soft landing. Larry Summers has joined the bandwagon. Normally that’d be funny.
US Inflation Report Warm, But Too Ambiguous To Alter Narratives
Inflation in the US was quicker than expected in December, data released on Thursday showed.
‘Don’t Take Disinflation For Granted’: Two Charts And A Lot Of Words
Admittedly, the “risk of inflation re-acceleration” talking point is a bit tired by now. Over
‘Key Services Sector Hiring Gauge Plunges!’ Is A Headline You’ll Probably Click
To the extent markets needed an “offset” for a hot NFP print and a commensurately
Annoyingly Noisy Jobs Beat Dents Case For March Fed Cut
Hiring accelerated across the world’s largest economy last month, the most important US jobs report
US Jobs Market Declared Normal. Wage-Price Spiral Risk ‘All But Disappeared’
Americans are still finding plenty of work across the world’s largest economy and wage growth
Macro Amuse-Bouche Is Snoozer As Markets Look To Payrolls
The first of this week’s top-tier US macro data was profoundly uninteresting, where that means
Jobs, Death And White (Collar) Privilege: 2024 Set For Launch!
The white collar world will begrudgingly start pretending to work again this week after taking
Year’s Final US Housing Market Release Shows Sales Stuck At Record Low
There’s nothing worse for a macro documentarian than a boring, but nevertheless notable, data release.
The Astounding Decline Of The Affordable American Home. And What It Means
10 years ago, roughly half of homes for sale in America were affordable for a
US Home Prices Posted Largest Increase Of 2023 Before Rates Plunged
US home prices rose nearly 5% in October from the same month a year ago,
Buy Now, Pray Later
The Christian world came to a halt on Monday when, in keeping with tradition, families
You must be logged in to post a comment.