22 Jun 2023
SNB won’t let slowing inflation stop a rate hike
Source: Bloomberg
22 Jun 2023
Global Yield Curves' (2s10s) inversion deepens, flashing recession signals
Source: Bloomberg TV Chart
21 Jun 2023
US real average hourly earnings turn positive again
US wages outpaced inflation on a YoY basis in May by 0.2%, ending the ignominious streak of 25 consecutive months of negative real wage growth. Source: Charlie Bilello
21 Jun 2023
UK inflation stays stuck at 8.7% while economists had expected a decline to 8.4%.
Source: HolgerZ, Bloomberg
14 Jun 2023
US CPI continues to cool down
Overall US CPI moved down to 4.0% in May, the 11th consecutive decline in the YoY rate of inflation and the lowest level since March 2021. US Core CPI (ex-Food/Energy) moved down to 5.3% YoY, the lowest reading since November 2021. Source: Charlie Bilello
15 May 2023
Lumber futures are at their lowest levels since May 2020, down 81% from the peak in May 2021
Source: Charlie Bilello
15 May 2023
US MAY EMPIRE STATE FACTORY INDEX FALLS TO -31.8 (lowest since Jan.2023), EST. -3.9
The orders index also slid by the most since April 2020, hitting the lowest level since the start of the year. The shipments gauge plummeted more than 40 points. Source: Bloomberg
11 May 2023
The U.S. government's interest expense is now an annualized $928.9 billion
Source: Jeff Weniger
