Our team looks at a lot of research throughout each day. A few charts that caught our eye this week, and why:
JL: History would indicate that the end of Fed tightening is a ways off
Data as of 07.06.22
Dave: Q2 earnings results may hold the key to 2nd half performance, will high single-digit consensus hold?
Source: FactSet,BofA as of 7.13.2022
Brad: CPI still running hot. Even if next 7 months show ZERO monthly changes we’ll still be >5%
Source: Strategas as of 7.14.2022
Dave: Recessions with job growth can happen, 1970s are a good example
Source: Pavilion as of 07.13.2022
JL: The yield curve inversion is really kicking in now
Source: Strategas as of 07.14.22
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The Consumer Price Index (CPI) measures the change in prices paid by consumers for goods and services. The CPI reflects spending patterns for each of two population groups: all urban consumers and urban wage earners and clerical workers.
Treasury yield is the return on investment, expressed as a percentage, on the U.S. government’s debt obligations. Looked at another way, the Treasury yield is the effective interest rate that the U.S. government pays to borrow money for different lengths of time.
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