I remain bullish on broader markets as consensus now expects 3 rate cuts by year-end. Unemployment and the recent economic data look favorable, with caveats. August PPI showed a surprise contraction, ...
Tuesday's CPI reaction was frustrating. Bonds rallied for an hour only to sell off for the rest of the day starting at 9:30am. Things are off to a different sort of start today. PPI was a bit lower ...
We’re setting up for a new trading week with some matters of importance this morning, with major indexes in the green: the Dow is +67 points at this hour, the S&P 500 is +12 and the Nasdaq +79 points.
It’s inflation week at the Bureau of Labor Statistics in Washington, D.C. The consumer price index for April came in Tuesday, and the producer price index will be out Thursday. Some say the PPI report ...
Earnings season is starting to wind down and the tariff war may be subsiding, but economic numbers never sleep, and we get two inflation oriented reports this week. Tuesday before the market open the ...
With August data for both the CPI and the producer price index proving fairly soft for August, economists expect the Fed’s preferred inflation gauge to remain unchanged at the next reading. Economists ...
Investors will be looking closely at consumer-price index data due Tuesday and producer-price index data due Thursday. The gap between the two measurements could offer a real-time look at the ...
CPI Helped Bonds Avoid Losing Ground Bonds began the day in slightly weaker territory and managed to flip into slightly ...
Following last week’s CPI report, which showed no signs of a steep, tariff-induced inflation resurgence, investors were all but certain that a rate cut was imminent. According to the CME FedWatch tool ...
Business are already feeling the brunt of President Donald Trump's tariff plans: Their costs are going up and new orders are suffering. Timothy Fiore, chair of an ISM survey that tracks U.S.