by Aptus PM Team | May 5, 2023 | Blog, Charts
Our team looks at a lot of research throughout each day. A few charts that caught our eye this week, and the way they fit the unfolding puzzle of evidence: John Luke: Demand for labor continues to surpass economist expectations Data as of 05.05.2023 ...
by Aptus PM Team | May 3, 2023 | Blog, Bonds
The Fed delivered a 25bps hike as was broadly expected by markets. They made a modification in their statement omitting the wording regarding the necessity of further rate hikes. To us, this indicates a sort of “hawkish” pause in policy here at the 5-5.25%...
by Aptus PM Team | Apr 28, 2023 | Blog, Charts
Our team looks at a lot of research throughout each day. A few charts that caught our eye this week, and the way they fit the unfolding puzzle of evidence: Brad: The recession playbook has mostly filled in and markets seem to be adjusting Source:...
by Aptus PM Team | Apr 27, 2023 | Blog, Bonds
Curves are Inverted, Term Premiums LOW The market continues to price in a return to the 2010 norms of subdued inflation pressure, with term premia below zero across the curve. Source: TS Lombard. As of 04.12.2023 While slower nominal growth could put a...
by Aptus PM Team | Apr 25, 2023 | Blog, Macro Updates
The recent performance of gold has caught investor attention. Following the banking sector stress, and a near-record drop in the US 2-year Treasury yield, markets have had a significant change in risk appetite. Markets have repriced from 100bps of further tightening...
