There has been significant rotation happening beneath the surface of the markets.
Tech is the only sector down year-to-date, while every other sector has climbed—some quite substantially already. Source: Otavio (Tavi) Costa
Treasury Secretary Scott Bessent says Trump 2.0 focusing on 10Y yields, not Fed
Bessent repeated his view that expanding energy supply will help lower inflation. For working-class Americans, “the energy component for them is one of the surest indicators for long-term inflation expectations,” he said. Cheap capital is coming... Source: www.moneycontrol.com
As shared by Guilherme Tavares i3 invest :
Nasdaq 100 / M2 Levels never seen before...
Xi’s Reply to Trump Tariffs Shows China Has More to Lose - Bloomberg
https://lnkd.in/ez4qCpZa Source: Bloomberg thru C.Barraud
Who is the Most Exposed to US Tariffs
source : yahoo!finance
Believe it or not, but the us has one one of the lowest tariff rates in the developed world... See chart below courtesy of DB.
NB: Most favored nations (MFN) Weighted mean tariff is the average of most favored nation rates weighted by the product import shares corresponding to each partner country.
Are tariffs inflationary? us 5-year breakeven rate just surged to its highest level in nearly 2 years.
Source: Tavi Costa, Bloomberg
The price of eggs in the U.S. is at an all time high and continues to climb.
Due to the ongoing bird flu outbreak and inflation, egg prices sat at $4.15 in December, that was up from $3.65 in November. The unusually high prices come after the outbreak...
