US Q1 GDP Falls To 0.6%, Treasury 10Y-2Y Curve Flattens and Commodity Costs UP 52% Beneath Biden (Ports Nonetheless Clogged) – Funding Watch


by confoundedinterest17

Russia continues to be attacking Ukraine and I’m nonetheless seeing tales about actor/comic Bob Saget’s reason behind dying. So now for one thing utterly completely different.

After final week’s Private Consumption Expenditures, GDP and new house gross sales experiences, the Atlanta Fed’s GDPNow actual GDP estimate for Q1 shriveled to 0.6%.

The US Treasury yield curve? It’s flattening quickly because it usually does previous to a recession.

Commodities? Commodity costs are UP 52% below Biden. And that features costs dropping barely from 2/24 to 2/25.

After which there’s common port delays in US ports. Hey, I assumed Mayor Pete the port Czar was imagined to unclog the ports!

Hopefully this coming week will probably be higher! Notably for the Ukrainian individuals.

 

 



















Source link

Related articles

US PCE to Information Markets; EUR/USD, GBP/USD, USD/JPY Setups

US DOLLAR FORECAST – EUR/USD, GBP/USD, USD/JPYThis week's point of interest on the U.S. financial calendar revolves across the eagerly awaited launch of January's PCE information on FridayA stronger-than-expected report might propel the...

Robert Kiyosaki Says If Bitcoin Crashes He Would Be Completely happy and Purchase Extra

Wealthy Dad Poor Dad creator Robert Kiyosaki has defined what he'll do if the value of bitcoin crashes. The well-known creator has been recommending bitcoin alongside gold and silver for fairly a while,...

Google releases new open LLMs, Rivian lays off workers and Sign rolls out usernames

Welcome, people, to Week in Assessment (WiR), TechCrunch’s common e-newsletter protecting noteworthy happenings within the tech trade. This week, Google launched two new open giant language fashions, Gemma 2B and Gemma 7B, in its...

Solana Drops Under 100-Day MA On 4-Hour Chart, SOL Value In Hazard?

Having failed to interrupt its...

Simplifying NASDAQ Technical Evaluation: Insights for the Upcoming Buying and selling Week

Within the dynamic world of inventory buying and selling, the NASDAQ Composite Index stays a focus for traders and merchants alike. With markets fluctuating primarily based on a myriad of things, understanding the...
spot_img

Latest articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here