by confoundedinterest17
Right now’s GDP report from the BEA jogs my memory of the Peggy Lee music “Is That All There Is?” Between the large Fed financial stimulus since late 2008 (and significantly since Covid in 2020) and...
MON: BoJ Minutes (Dec); Australian Flash PMIs (Jan).TUE: Australian NAB Enterprise Confidence (Dec), German GfK (Feb), EZ, UK
& US Flash PMIs (Jan), New Zealand CPI (This fall), UK CBI Traits (Jan).WED: BoC Coverage...
Prior was +5.0%PCE core MoM +0.2% vs +0.2% anticipatedPrior MoM +0.2%Headline PCE +5.5% vs +6.0% prior (revised to six.1%)Deflator MoM +0.1% vs +0.3% priorShopper spending and revenue for November:Private revenue +0.4% vs +0.3%...
Markets:Gold up $34 to $1802US 10-year yields down 19 bps to three.51%WTI crude oil up 62 cents to $81.28S&P 500 down 3 factors to 4076JPY leads, USD lagsThis was a regarding day. The...