by John Luke Tyner | Jun 14, 2023 | Blog, Bonds
Year-over-year CPI declined in May, roughly in line with estimates: Headline MoM: +0.1% (Expected: +0.1%) Core MoM: +0.4% (Expected +0.4%) Headline YoY: +4.0% (Expected: 4.0%) Core YoY: +5.3% (Expecting 5.2%) Top/Bottom Contributors: Source:...
by John Luke Tyner | Jun 7, 2023 | Blog, Bonds
The next Fed meeting starts a week from today. As of now, the market is currently pricing in just a 23% chance the Fed hikes at the meeting. WSJ’s Nick Timiraos already provided his pre-meeting proclamation of a probable pause. At this point, anything other than a...
by Aptus PM Team | May 19, 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: The debt ceiling remains a story for markets, here’s Morgan Stanley’s walkthrough of prior...
by Aptus PM Team | May 12, 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: Tough to see how inflation can get down to the Fed’s stated 2% target Source: Strategas...
by John Luke Tyner | May 11, 2023 | Blog, Bonds
Inline CPI print with Shelter continuing to pull the index higher although some signs of slowing. Used Cars prices came in hotter than expected which have been lagging the Manheim index for most of the year. Food prices were down for the second month in a row which...
