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Economy
Transitory Inflation Keeps Fed Rate Cuts in View Later This Year
As far as I can tell right now, inflation is transitory, and the will still be cutting later this year. The Labor Department announced…
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US Inflation Details Ease Concerns of Energy Spillover Effects
While US headline inflation was lifted by sharp and airline fare increases, other components were better behaved, leading to a…
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The CPI Math Driving Inflation Works 2 Ways
Simple math suggests that tomorrow’s for May will likely continue to show high inflation. To compute CPI, the BLS measures during the…
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Federal Reserve Board – Federal Reserve Board announces that results from its annual bank…
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EUR/USD, Oil Forecast: 2 Trades to Watch
edges higher ahead of Thursday’s ECB rate decision. Oil prices ease as Middle East tensions cool, but supply risks remain.EUR/USD Edges…
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Fed Chair Warsh Faces a Tough Test
New Fed Chairs are often tested early in their terms. For instance, two years after Bernanke took over the Fed, the Financial Crisis…
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Is a Prolonged Middle East Conflict Becoming the Base Case?
Starting a war is easy; ending one is hard. That simple calculus is increasingly resonating in financial markets as the backlash from the…
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Tech and FX: Short-Term Volatility May Cloud Long-Term Trend
Hyperscalers Well Into The Investment Cycle
Source: Refinitiv
Our fundamental outlook on the semiconductor sector remains positive.…
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Week in Focus: US CPI, OPEC, BoC, ECB, UK GDP and China Inflation
SUN: OPEC/JMMC Meeting (Jun)
MON: Japanese GDP (Q1), German Factory Orders (Apr), US Consumer Inflation Expectations
TUE: EIA STEO (Jun),…
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Tech Correction Accelerates as Semiconductors Lead the Pullback
Tech correction accelerates, with semiconductors down 4.8%. On the heels of yesterday’s whipsaw in the market, where opening losses were…
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