The Market in Pictures, August 12

by | Aug 12, 2022 | Blog, Charts

Our team looks at a lot of research throughout each day. A few charts that caught our eye this week, and why:   Joseph: All of the 2020 job losses have now been recovered. Where that stacks up vs. other recessions    Source: Calculated Risk as of 08.05.2022...

Peak Inflation

by | Aug 11, 2022 | Blog, Bonds, Macro Updates

U.S. Headline CPI was flat from June to July, slowing to 8.5% YoY. The core CPI (ex food & energy) rose +0.3%, keeping the YoY number at 5.9%. Headline CPI had the lowest monthly overall reading since May 2020 (0.0%). The unchanged reading was driven by an...

The Market in Pictures, August 5

by | Aug 5, 2022 | Blog, Charts

Our team looks at a lot of research throughout each day. A few charts that caught our eye this week, and why:   Brad: Earnings continue to be solid for S&P companies, sales even stronger   Source: Strategas as of 08.01.2022   Dave: … that...

Who is Wrong About Rates?

by | Aug 4, 2022 | Blog, Bonds

Another Sizable Hike   The Fed raised its policy rate by 75 bps as expected, which according to Chairman Powell brings the Fed Funds target range back to “neutral”. Powell indicated decisions moving forward would be data dependent. Following the market responses...