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Deviation Of Instantaneous Inflation From Target

Deviation Of Instantaneous Inflation From Target

Image Source: PexelsFor CPI, CPI core, PCE deflator, PCE core deflator:Figure 1: Instantaneous inflation (T=12,a=4) for CPI (blue), CPI core (sky blue), PCE deflator (light green), PCE core deflator (red), per Eeckhout (2023). NBER defined peak-to-trough recession dates shaded gray. Source: BLS, BEA, NBER and author’s calculations.More By This Author:Gasoline Prices Thru January 3 Foreign Term Spread Augmented […]
Goldman’s Partnership Is Too Much Of A Good Thing

Goldman’s Partnership Is Too Much Of A Good Thing

Image Source: UnsplashThe hallowed Goldman Sachs (GS) partnership is an undeniable part of the Wall Street firm’s cachet. For more than 150 years, the elite club has helped attract top-notch financiers. It is also too much of a good thing.Goldman partners stopped being partners in the strictest, firm-owning sense when the U.S. investment bank went public […]
USD/CAD Halts Its Winning Streak On Improved Oil Prices, Trades Near 1.3340

USD/CAD Halts Its Winning Streak On Improved Oil Prices, Trades Near 1.3340

Photo by Michelle Spollen on Unsplash USD/CAD receives downward pressure as Crude oil prices improve. WTI price gains ground on the heightened situation in the Red Sea. US Dollar might have cheered up the improved ISM Manufacturing data. USD/CAD snaps its five-day winning streak, trading lower near 1.3340 during the Asian session on Thursday. The Canadian Dollar (CAD) receives […]
Metals Report For Wednesday, January 3

Metals Report For Wednesday, January 3

Image Source: UnsplashIn this video, Ira Epstein reviews the day’s trading in the gold and other relevant metal markets.Video Length: 00:13:28More By This Author:SPDR ETF Report For Tuesday, January 2Financial Markets Report For Tuesday, January 2Metals Report For Tuesday, January 2
3 Airline Stocks That Could Fly Higher In 2024

3 Airline Stocks That Could Fly Higher In 2024

Image Source: UnsplashBeginning 2024 several airline stocks look attractive with a few holding spots on the Zacks Rank #1 (Strong Buy) list. On Wednesday the U.S. Department of Transportation stated travel around Christmas and New Year’s was notably smooth with the cancellation rate at just 0.8% despite a record number of passengers flying during the busy […]
CPI Reality Check: Chick-Fil-A Has Hiked Prices 21% In Just Two Years

CPI Reality Check: Chick-Fil-A Has Hiked Prices 21% In Just Two Years

Image Source: PixabayWhile we keep letting the government tell us that inflation is at 3%, back out in the real world price hikes are staggeringly higher.Just take one look at Chick-fil-A, for example: the popular fast food chain has hiked its prices a whopping 21% over the last two years, according to a new report from the NY […]
Richly-Valued Equities Under Pressure

Richly-Valued Equities Under Pressure

Image Source: PixabayMARKETSStocks faced a second consecutive day of declines on Wednesday, deviating from the expected positive start to the new year associated with the Santa Claus rally. The Nasdaq Composite, particularly sensitive to technology stocks, felt the impact of the “Magnificent 7” New Year hangover as investors reassessed their positions in tech stocks following the […]
The Commodities Feed: The Middle East Tensions Grow

The Commodities Feed: The Middle East Tensions Grow

Image Source: UnsplashEnergy – tensions lingerFurther tension in the Middle East pushed oil prices higher yesterday. ICE Brent managed to settle a little more than 3.1% higher on the day. Two car bomb explosions at a memorial for Qassem Soleimani (a senior Iranian general who was killed in a US airstrike in Iraq in 2020) left […]
EUR/USD Holds Below The Mid-1.0900s Ahead Of German CPI, US ADP Report

EUR/USD Holds Below The Mid-1.0900s Ahead Of German CPI, US ADP Report

Image Source: Pixabay EUR/USD trades on a softer note near 1.0922 amid the stronger USD. The German Unemployment Rate remained steady at 5.9%, as estimated. The less dovish remarks from the Federal Reserve (Fed) boost USD demand. Traders will focus on the German Consumer Price Index (CPI) and US ADP Employment Change. The EUR/USD pair remains on […]
2024 Could Be Horrible For The Dollar

2024 Could Be Horrible For The Dollar

Image source: PixabayPeter Schiff left a stark warning in his recent podcast: “2024 could be a horrible year for the dollar.” Here are 3 big reasons why Peter thinks inflation might rise even higher this year.1. The Fed wants to boost Biden’s reelectionThe Fed is deeply influenced by political dynamics and, with the 2024 presidential election around the corner, […]