by confoundedinterest17 The University of Michigan consumer survey was released this morning and revealed that their consumer sentiment index fell to 80.8 (the index was around 100 prior to the Covid outbreak in March 2020). Inflation expectations for the coming 12 …
by UPFINA The June ADP report beat estimates and estimates for private sector job creation in the BLS reading. Let’s see if that matters. We expect it to be relevant because all signs point to a solid BLS reading. For now, …
by UPFINA As you can see from the chart below, small business sentiment was almost unchanged as it fell 0.2 to 99.6 in May. Considering that a Democrat is in office, this is a great reading. It’s close to the peak …
President Joe Biden spoke on Friday after the release of April’s jobs numbers. The Bureau of Labor Statistics released the April numbers, showing that employment rose by 559,000 in May, though this was about 100,000 less jobs than economists had …
US10Y yield 1.90% for june – UBS forecast — Alessio (@AlessioTMAD) May 18, 2021 5 year inflation expectations is about to hit the highest level since 2005 pic.twitter.com/SkiZAolohi — Alessio (@AlessioTMAD) May 18, 2021 https://twitter.com/NorthmanTrader/status/1394964910795366400 https://twitter.com/NorthmanTrader/status/1394610668645519361 https://twitter.com/NorthmanTrader/status/1394568304824623106 Warren Buffett …
“You don’t have to be a white supremacist, you can be better.” Powerful message to the race-baiting Left who engage in the bigotry of low expectations. https://t.co/usyoXu1oIi — Rita Panahi (@RitaPanahi) May 1, 2021
US Inflation Expectations continue to rise, now at their highest levels since 2013 (10-year breakevens). pic.twitter.com/ikGNLtFTcD — Charlie Bilello (@charliebilello) April 27, 2021 Everyone is tweeting pictures of lumber, but commodities from copper to corn are popping pic.twitter.com/3ay9DUAFdf — The …
AOC says Biden ‘exceeded’ progressive expectations in first 100 days Rep. Alexandria Ocasio-Cortez weighed in on Biden’s first 100 days in office Rep. Alexandria Ocasio-Cortez gave President Biden a progressive thumbs up for his 100 days in office Friday night. …
by Mike Shedlock Lacy Hunt at Hoisington Management has some interesting thoughts regarding the inflation debate and the potential for decelerating inflation. Case For Decelerating Inflation In its Quarterly Review and Outlook for the First Quarter of 2021 Lacy Hunt …
OMG. This administration has exceeded my expectations (to the downside) at a profound level. I was ready to give them the benefit of the doubt. My doubt is petering out….https://t.co/xRyJxruZaz — Dave Collum (@DavidBCollum) March 27, 2021 Young people who …
Today’s favorable employment and GDP numbers, pointing to a U.S. economy well on the mend, have to raise a couple of basic questions. With the US economy already recovering, did the U.S. economy really need as large a budget stimulus as the Biden …
by mark000 https://www.japantimes.co.jp/news/2021/03/04/business/financial-markets/bonds-stock-japanese-economy-global-economy-u-s-treasuries/ [March 4] Japanese funds sold a record $34 billion of foreign bonds in the two weeks ended Feb. 26 as the nation’s fiscal year-end [on 31] March approaches — enough to cause reverberations in U.S. repurchase markets for 10-year …
Mar.16 — Bill Gross, co-founder of Pacific Investment Management Co. (Pimco), says rising inflation will cause the Federal Reserve to reconsider their current policy stance. He speaks with Bloomberg’s Erik Schatzker on “Bloomberg Markets: The Close.”
Tesla reported a loss of $2.90 per share for Q1, a massive miss from expectations of 69 cents. pic.twitter.com/LsIXclUBUU — CNBC (@CNBC) April 24, 2019 Tesla Q1 2019 Earnings Highlights GAAP operating loss of $522M, GAAP net loss of $702M, …
On January 16th, 2019 Goldman Sachs enjoyed the best trading day in decade, on the back of fourth quarter results that far exceeded analyst expectations. These are the first set of results announced under the leadership of new CEO David …
Q1 2019 earnings expectations are now negative. Q2 expectations are below the inflation rate, meaning the first half of the year is now expected to have no real growth. Full-year forecasts are now at 5.4% and have several months to …
via CNN: Washington (CNN Business)The World Bank has been warning of a worldwide economic slowdown for a while now, but its projections just took a turn for the worse. In a 200-page report issued Tuesday, the international financial institution laid …
Bloomberg: “The Bubble’s Losing Air. Get Ready for a Crisis” “The ‘everything bubble’ is deflating. The fact that it’s happening relatively slowly shouldn’t blind us to the real threat: The world is dangerously underestimating how hard it’ll be to deal …
by Michael Snyder We just got more evidence that the U.S. economy is starting to slow down. The U.S. economy must produce somewhere around 200,000 jobs a month just to keep up with population growth, and last month we were way …
by DCG Shocker, not. Pandering to the social justice warriors doesn’t guarantee they’ll boost your profits. From CNBC: Shares of Dick’s Sporting Goods plunged by more than 9 percent Wednesday morning after the retailer said it sold less merchandise during the second quarter than …
via Mish A Fed study of consumer expectations projects a rise in spending but no overall economic improvement a year from now. I produced the headline chart in Excel from a data download of the Fed’s monthly Survey of Consumer Expectations. Spending …
by WARREN MOSLER Eine neue wissenschaftliche Wahrheit pflegt sich nicht in der Weise durchzusetzen, daß ihre Gegner überzeugt werden und sich als belehrt erklären, sondern vielmehr dadurch, daß ihre Gegner allmählich aussterben und daß die heranwachsende Generation von vornherein mit der …
via Eric Basmajian Summary: Breakeven rates have come down significantly from the peak several weeks ago. We have forecast the reduction in break-even rates for the past couple of months. As inflation expectations fade, nominal rates will continue to fall. BREAKEVEN …
via Nicholas P. Cheer The verdict was unanimous; tax cuts would lead to a massive jump in economic growth. The Atlanta Federal Reserve GDP NOW estimate used to be one of the most bullish, at over 5%. Now the Atlanta Fed …
Mar 15 – FS Insider interviews Urban Carmel, lead writer at The Fat Pitch, to discuss his latest macro update looking at the US jobs market, housing, the outlook for inflation, and much more. Urban says that they used the …
by Dana Lyons Consumers’ expectations for stock market gains have never been higher — or more assured. Since the August stock market low, bulls have had it pretty good. Rally participation has been excellent, as has price structure for the most …
by Umar Farooq Apple’s stock is driving upwards due to investors’ expectations that the new iPhones launch, due in September, on the 10th anniversary of the original iPhone’s introduction, will be dazzling enough to inspire existing iPhone users to …
