US inflation came in parallel to expectations, confirming that headline inflation in the US stagnated near 0.3% level for a third month, the yearly figure rebounded from 2.4% to 2.6% as expected,...
As reported yesterday, October inflation rose 0.2% from a month ago, the same monthly pace as July, August, and September as inflation is finding its balance. Despite the fairly steady monthly pace...
On Wednesday, the Bureau of Labor Statistics released the latest Consumer Price Index (CPI) report for October. Following the trend of the last three months, the inflation rate increased 0.2% on a...
CPI came in as expected yesterday, but that didn’t stop long-end rates from rising, with the 30-year up six bps and the 10-year up two bps. The dollar index also continued to melt up after the data,...
US Treasury yields spike, driving USD/JPY higher and precious metals lower Bond market volatility intensifies as traders demand more compensation Long-dated yields surge while short-dated yields...
Why this "obvious loser" of the election may actually be a big winner... Trumphoria is gripping markets — everyone expects a repeat of the 2016 bull run when Trump first got elected. All the obvious...
We saw a small move up in the precious metals sector (and then back down), which is completely in tune with what I wrote yesterday, and as such, it doesn’t change the outlook. Indicators of a...
(Bloomberg) -- Australia’s run of hiring gains slowed in October, while the unemployment rate held steady, underscoring the resilience of the labor market to elevated interest rates. Most Read from BloombergUnder Trump, Prepare for New US Transportation PrioritiesZimbabwe City of 700,000 at Risk of Running Dry by Year-EndSaudi Neom Gets $3 Billion Loan Guarantee From Italy Export Credit Agency SaceThe Urban-Rural Divide Over Highway Expansion and EmissionsArizona Elections Signal Robust Immigrat
Greenlight Capital President David Einhorn said on Wednesday he has added some inflationary protection to his hedge fund portfolio as he believes that inflation will go up under the government of President-elect Donald Trump. Speaking at the CNBC Delivering Alpha conference, Einhorn said inflation is likely to be between 3.5% and 4.5% next year. In the 12 months through September, the consumer price index rose 2.6%, the Labor Department's Bureau of Labor Statistics said on Wednesday.
I said two months ago that I didn’t think the Fed should ease, but they would anyway. And they did, by cutting overnight rates 50bps. Then last month I said: “Getting rates back to neutral, around...