by John Luke Tyner | Sep 21, 2023 | Blog, Bonds
We thought the current backdrop provided an opportunity to dive into the basics of inflation. The below analysis will attempt to isolate different types of inflation, and distill our input on where we stand on each in the current cycle. This is a bit “economic” at its...
by Aptus PM Team | Sep 15, 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: Dave: September is famous for being the weakest month for stocks, with the 2nd half being the most...
by John Luke Tyner | Sep 13, 2023 | Blog, Bonds
Headline CPI rose 0.6% in August from the prior month, a faster pace than in July as gasoline prices jumped. Core CPI rose 0.3% (stripping food and energy costs), a hotter pace than the prior two months. Headline CPI: +0.6% (Consensus Expectations: +0.6%) Core CPI:...
by David Wagner | Sep 12, 2023 | Blog, Macro Updates
The world lost a great icon the other day; Jimmy Buffett. And in honor of the man, the myth, and the legend himself, this Musing is dedicated to him. For those that don’t know, his loyal followers were called the Parrot Heads – a term coined in 1985 in Cincinnati, OH,...
by Aptus PM Team | Sep 8, 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: NVDA is the current battleground stock, but remember when there were 100s of absurdly-priced...
by David Wagner | Sep 5, 2023 | Blog, Market Updates
August ‘23 Market Recap: The S&P 500 reversed course in August, falling 1.6% after jumping 10% in June-July on a total return basis. Higher rates, more positioning risk, and seasonality were likely headwinds to equities, despite solid macro data and earning....
