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
...February 6, 2023| While the Fed meeting stole the spotlight, the U.S. Manufacturing Index* quietly slowed down more than expected. New orders have hit concerning levels, but it’s the sustained downtrend that is more concerning. *Institute of Supply Management Source: thedailyshot
...December 12, 2022 | Interestingly, while the level of inflation in Europe & the U.S. are similar, the way inflation is derived is different. European inflation is driven by energy prices, while U.S. inflation is broader based. In the U.S., this creates a more challenging job for the Fed. Source: Chartbookailyshot
...November 14, 2022 | Inflation is finally cooling off… On Thursday, Nov. 10, stocks had their best day since Apr. 2020. Home prices are falling faster than in ’08… AND weaker home prices are still not reflected in the inflation data. This could prompt further downward pressure on inflation. Source: thedailyshot
...November 7, 2022 | This week the Fed raised its rates +0.75% and had a more hawkish tone. In October, long-term inflation expectations unhinged from the 2% target, moving back toward the 2.5% level. Further from 2% = Hawkish Fed. Closer to 2% = Dovish Fed. Source: thedailyshot, Source Financial Advisors
...October 17, 2022 | While headline inflation slowed marginally, the all-important Core reading came in hotter than anticipated, prompting a market selloff. Higher Core Inflation incited fears of entrenched higher prices, which could push a more aggressive Fed. Source: thedailyshot, BoA
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