Three “Data” topics to discuss with you today: #1: European consumer confidence. As much as the Eurozone and US economies generally track each other over time, European consumer confidence tends to…
Category: Blog
CPI Report: Still No Structural Inflation
We’ll dedicate today’s “Data” section to the Consumer Price Index report out this morning. Ordinarily it would only merit a piece of this section, but with so much investor attention on…
Meme Stocks Aren’t the Real Retail Investor Story
Two “Data” topics today: #1: The latest on US mutual/exchange traded fund flows. We have been covering these more regularly this year than previously because, well, they finally matter again. There…
Inflation Expectations, Eurozone Stocks
Two “Data” items today: Issue #1: Inflation expectations ahead of Thursday’s Consumer Price Index report for May 2021 and the FOMC meeting next week. The bond market’s expectations of future…
US Home Prices, Gold Fund Flows
Two “Data” items to discuss with you today: #1: Comparing current US home price trends to prior recessions and recoveries. This chart shows the S&P/Case-Shiller US National Home Price Index…
Friday’s Jobs Report: A Sign of the Future
Even though Friday’s Jobs Report printed the lowest unemployment rate since the start of the pandemic, at 5.8 percent, it was broadly disappointing. Job growth was only 599,000 positions versus expectations…