Market Snapshot 5.18.22- The Fed & Inflation
Good Wednesday AM, the best day of the week, So where do we begin? I guess with yesterday’s Fed Chairman Powell’s Q&A at the WSJ Future of Everything symposium. Mr.…
Good Wednesday AM, the best day of the week, So where do we begin? I guess with yesterday’s Fed Chairman Powell’s Q&A at the WSJ Future of Everything symposium. Mr.…
Good Tuesday AM, Retail sales numbers out today. They are part of the bigger economic picture and account for 70% of GDP. They came in hot as expected. 0.9 on…
Good Monday AM, The NY State Manufacturing survey tanked to -11 and bonds are cautiously rallying (price up, rate down). The charts tell us there is more to come with…
Good Morning on this best day of the week, Wednesday, CPI came in too hot once again, and we are back expecting higher rates. The 3.40-3.50% ten-year target is sadly…