April 17 2023| Inflation is slowing, but not fast enough A key factor is the housing market. Why It Matters: The housing market’s shift from inflationary to deflationary is finally happening. Expect this to continue pulling down inflation in the coming months. Source: thedailyshot
...April 10 2023 | ILabor markets are cooling off some, but slower than anticipated. Why it matters: Markets expect softer labor that can prompt Fed monetary policy change. While slowing, the current pace may not be fast enough. Source: thedailyshot
...April 10 2023 | IWe can expect lower corporate profits. The U.S. savings rate edges upward, indicating consumers are starting to save more. Why it matters: The savings rate is a key indicator of consumer spending (inverse) Higher savings = lower spending = reduced corporate profits. Source: thedailyshot
...April 10 2023 | Inflation in headlines again. Last week OPEC surprises investors with announcing a supply cut of about 1.2 million barrels of oil per day. Why it matters: Reduced oil supply will likely drive up gas prices again, further fueling inflation concerns. Source: thedailyshot
...April 10 2023| Credit conditions are tightening. Why it matters: Through a spyglass, the Silicon Valley Bank collapse isn’t systemic. Regardless, its impact can’t be ignored. Banks are tightening lending standards which may weigh on businesses potentially causing an increase in layoffs. Source: thedailyshot
...February 20, 2023| Inflation came in slightly higher than expected, with shelter costs as a major contributing factor. Despite this, we continue to believe this trend will reverse as a slowing housing market pulls down prices. Source: thedailyshot
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