by Aptus PM Team | Aug 11, 2023 | Blog, Bonds
The July CPI came out to be another soft report and points to further moderation in inflation. Headline CPI increased by 0.2% MoM (0.167% unrounded), which resulted in the YoY rate increasing two-tenths to 3.2% as base effects were less favorable than last month. For...
by Aptus PM Team | Aug 1, 2023 | Blog, Bonds
Rise in Interest Income is Helping Buoy the Consumer The increase in interest rates over the last 15-18 months has made it is more expensive to borrow money but on the flip side, they have higher yielding options to put cash to work. Source: WSJ as of...
by Aptus PM Team | Jul 21, 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: Beckham: The YTD rally in the S&P 500 has all been due to P/E multiples rising Source:...
by Aptus PM Team | Jul 14, 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: The lagging broader market has finally picked itself up in recent weeks Beckham:...
by Aptus PM Team | Jul 12, 2023 | Blog, Macro Updates
More Progress in June Inflation Numbers: → Headline CPI +0.2% M/M (vs +0.3% expected, +0.1% prior) → Core CPI +0.2% M/M (vs +0.3% expected, +0.4% prior) It was exactly one year ago that headline CPI topped 9.0% (July 13th, 2022) with 10-year yields closing at 3.07%...
