The Market in Pictures, December 23

by Aptus PM Team | Dec 23, 2022 | 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:   JL: Markets are no longer buying the Fed’s hawkish story   Data as of 12.16.2022     JL:...

“Better visibility on the peak rate is good for risky assets but doesn’t change the view that the yield curve should maintain its inversion if not invert further”

by Marketing | Dec 14, 2022 | Market Notes, Media Notes

U.S. inflation cools as consumer price index rises 7.1%     Disclosures   This information is for investment adviser use only and should not be distributed to any other parties. The commentary included in this post is for informational purposes only and...

November CPI: Light at the End of the Tunnel?

by Aptus PM Team | Dec 13, 2022 | Blog, Bonds

The CPI report came in softer than expected again in November. Core saw the smallest increase since Aug 2021. Core goods were down -0.5% (weakest since April 2020) and core services rose by 0.4% (smallest increase since July of this year). Headline CPI was also below...

Was that the Powell Pivot 2.0?

by Aptus PM Team | Dec 1, 2022 | Blog, Bonds

Powell’s comments and the market response yesterday were noteworthy. The equity market rose (SPX +3.05%) while bond yields rallied across the yield curve following Powell’s Brookings Institute presentation. The market was positioned for a hawkish speech and...

“What you continue to see is the higher terminal rate on the front end that has rebounded since the CPI (consumer price index) print two weeks ago has continued to pressure long-end rates”

by Marketing | Nov 22, 2022 | Market Notes, Media Notes

TREASURIES-Most U.S. yields inch higher at start of holiday-shortened week     Disclosures   This information is for investment adviser use only and should not be distributed to any other parties. The commentary included in this post is for...