Results for Recession
Edit

Poor US Data Cast Doubts on New Found Hopes of a Soft-Landing

January 19, 2023
Overview:  Yesterday's string of dismal US economic data delivered a material blow to those still thinking that a soft-landing was possible. Retail sales by the most in the a year. Manufacturing output fell by nearly 2.5% in the last two months of 2022. Bad economic news weighed on US stocks. The honeymoon of New Year may have ended yesterday.…
Poor US Data Cast Doubts on New Found Hopes of a Soft-Landing Poor US Data Cast Doubts on New Found Hopes of a Soft-Landing Reviewed by Marc Chandler on January 19, 2023 Rating: 5
Edit

Euro Parity Holds ahead of US CPI

July 13, 2022
Overview: The US dollar is consolidating with a slight downside bias ahead of the June CPI report. The euro held above $1.00 but is still pinned in the trough. The rate hike by the Reserve Bank of New Zealand failed to have much impact. On the other hand, the JP Morgan Emerging Market Currency Index is lower for the fourth consecutive session. Mos…
Euro Parity Holds ahead of US CPI Euro Parity Holds ahead of US CPI Reviewed by Marc Chandler on July 13, 2022 Rating: 5
Edit

Monday Blues

July 11, 2022
Overview:  The US dollar is bid against most currencies today, encouraged not just by good news in the US and poor news out of China, where Covid is flaring up and new social restrictions are fared, while Macau has been lockdown for a week. The energy crisis in Europe is fanning fears of a recession before the ECB lift rates above zero. Japanese m…
Monday Blues Monday Blues Reviewed by Marc Chandler on July 11, 2022 Rating: 5
Edit

Macro and Prices: Sentiment Swings Between Inflation and Recession

May 14, 2022
(On vacation for the rest of the month.  Going to Portugal.  Commentary will resume on June 1.   Good luck to us all.)
The market is a fickle mistress. The major central banks were judged to be behind the inflation curve. Much teeth-gashing, finger-pointing. Federal Reserve Chair Powell was blamed for denying that a 75 bp hike was under considerati…
Macro and Prices: Sentiment Swings Between Inflation and Recession Macro and Prices: Sentiment Swings Between Inflation and Recession Reviewed by Marc Chandler on May 14, 2022 Rating: 5
Subscribe to: Posts ( Atom )
Powered by Blogger.