CPI Report July 2021
The CPI report came in and the June headline rise was the largest since a 1.0% jump in June of 2008, while the core gain tied the rise in April of both 2021 and 1982 as the biggest …
The CPI report came in and the June headline rise was the largest since a 1.0% jump in June of 2008, while the core gain tied the rise in April of both 2021 and 1982 as the biggest …
The markets have been slightly bearish today over Covid D and a rise in Jobless Claims 51K to 419k.  However, the biggest immediate threat I see in the markets is a potential government shutdown over increased spending. …
Wall Street is deeply underwater with the major indices all suffering losses in the -1.2% to -1.4% neighborhood, though after recent all-time highs. The driver of today’s stock sell-off appears to be mostly growing angst over …
The June jobs report revealed an upside surprise for payrolls, but it came alongside a big workweek drop and a shift in jobs toward low-paid workers, leaving a lower trajectory for hours-worked, and hence a …
Disappointing U.S. Jobs Data, Despite a Big Payroll Gain Read More »
The FOMC meets on Tuesday and Wednesday of this week and will issue its post-meeting statement at 2:00 PM ET on Wednesday. The markets will be tuned in to any indication of timing for the …
Today’s U.S. reports revealed another surprisingly strong round of CPI gains in May, again led by used car prices and airfare, leaving a steep climb in the y/y metrics that go well beyond the lift …
Today’s U.S. reports revealed a repeat of the emerging claims report pattern of an impressive tightening in initial claims despite disappointing continuing claims figures. A -92k initial claims plunge to 498k in the first week …
The FOMC meets on Tuesday and Wednesday of this week and will issue its post-meeting statement at 2:00 PM ET on Wednesday. Further monetary accommodation is unlikely given the last two massive rounds of fiscal …
Today’s U.S. reports revealed a slightly larger than expected weather-led March pullback in existing home sales of -3.7% to a 6.01 mln clip. Yet, the median sales price surged 5.9% to a new all-time high …
Takeaways from Today’s Late-Morning U.S. Economic Reports Read More »
Today’s CPI report beat estimates with March gains of 0.6% for the headline and 0.3% for the core. The March increases rounded down from respective gains of 0.620% and 0.339%. The headline CPI was lifted …
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