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.



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