Content
Interest Rate Hedge ETFs In Focus Post Fed Minutes
Article By:
Sweta Killa
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Saturday, May 25, 2024 4:20 PM EDT
Interest rate hedge ETFs are back in vogue following the Fed minutes and upbeat manufacturing data, both of which highlight concerns over stubborn inflation. This has once again pushed back the timing of rate cuts.
Confidence, News And Sentiment In May
Article By:
Menzie Chinn
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Saturday, May 25, 2024 2:07 PM EDT
While (final) sentiment as measured by the University of Michigan survey remains surprisingly downbeat given observables, the decline needs to be put into context.
Week Ahead: Near-Term Dollar Outlook Less Clear Than A Week Ago
Article By:
Marc Chandler
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Saturday, May 25, 2024 1:40 PM EDT
A key question is whether the dollar's setback before the weekend signaled the resumption of the lower trend that began in mid-April, with the exception of the yen. We lean against it, and we will identify key chart areas that could signal otherwise.
CoT - Peek Into Future Through Futures & How Hedge Funds Are Positioned
Article By:
Paban Pandey
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Saturday, May 25, 2024 9:58 AM EDT
For the most part, after reaching four-decade highs in 2022, various inflation measures dropped meaningfully – until recent months when they seem to have stalled out.
Hungary’s Labour Market Shows Signs Of Renewed Strength
Article By:
ING Economics
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Saturday, May 25, 2024 8:24 AM EDT
The downward momentum in Hungary’s labour market seems to have come to an end. However, the road ahead remains bumpy as sectoral divergences persist and stubbornly strong wage growth raises the possibility of inflationary risks
One Year Ahead Inflation Expectations For May
Article By:
Menzie Chinn
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Saturday, May 25, 2024 4:30 AM EDT
While inflation expectations have risen in May, they have not risen as much as thought earlier. The Survey of Professional Forecasters median at 2.5% is just about on target for the CPI inflation rate implied by a 2% PCE deflator target.
Think Ahead: What If US Inflation Is Much Lower Than We Think?
Article By:
ING Economics
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Saturday, May 25, 2024 3:30 AM EDT
This article is an indispensable guide to what you should be watching out for next week.
Silver Has New Support At $30
Video By:
Peter Schiff
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Saturday, May 25, 2024 3:00 AM EDT
In this episode, Peter recounts silver’s notable rise above $30/oz and addresses the latest FOMC minutes that were released this week, in which the Fed signaled that rate cuts could be delayed even further.
How Are Households Holding Up, Debtwise?
Article By:
Menzie Chinn
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Saturday, May 25, 2024 1:30 AM EDT
Despite falling normalized credit card debt, delinquencies are rising, indicating financial strain for some population segments, even as overall household debt metrics improve.
First McDonald's, Now Burger King Admits Consumers Are Broke With Planned Reintroduction Of $5 Meal Deal
Article By:
Tyler Durden
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Saturday, May 25, 2024 12:40 AM EDT
The bigger story is that mega-corporations are cutting prices and offering deals because, as Goldman has shown, working-poor consumers have hit a proverbial brick wall.
Retail Earnings & Consumer Spending: A Closer Look
Article By:
Sheraz Mian
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Saturday, May 25, 2024 12:25 AM EDT
The U.S. economy is chugging along, with growth moderately decelerating under the Fed’s tight monetary policy. Most of the Q1 earnings season is behind us, with results from 481 S&P 500 companies already out as of Friday, May 24th.
Target, Retail Stocks, And The Economy
Article By:
Kelsey Williams
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Friday, May 24, 2024 10:35 PM EDT
Target's announcement of sweeping price cuts for more than 5000 products is about more than its own need to be competitive. It highlights a broadly weakening economy that is slowing more obviously as consumers pull back on purchases.
In this article: TGT
USD/JPY Steady On Friday After Another Week Of Gains
Article By:
Joshua Gibson
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Friday, May 24, 2024 9:45 PM EDT
USD/JPY churned on Friday, wrapping up close to where it started the day, just below the 157.00 handle, as investors looked to recover balance after a tense week.
Gold Gains Today, Still Ends Week Down Over 3%
Article By:
Christian Borjon Valencia
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Friday, May 24, 2024 8:55 PM EDT
Gold price stabilized on Friday after registering back-to-back days of losses, climbing some 0.23%. Yet it was down more than 3% on the week, the largest weekly loss since December 2023.
NYC Tourists Expected To Generate $4.9 Billion In Tax Revenue For The City
Article By:
Tyler Durden
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Friday, May 24, 2024 8:30 PM EDT
While residents and businesses continue to pour out of New York City in favor of tax-friendlier locations, tourists appear to be doing all the heavy lifting in helping the city raise tax revenue.