Sign in with Google
bullish
USD inflation review: Powell has to invent a new measure..
422 Views13 Feb 2024 16:43
SUMMARY
- This is another heavy-hitting US inflation report and frankly the worst in a while.
- The stickier components of the basket, including rents and transportation services came in smoking hot, and without substantial deflation in various core goods categories such as cars and apparel, this would have been an outright disastrous report for the Federal Reserve.
- While we had the core goods part of the equation right, we had the re-acceleration of core services wrong.
Related Insights
More »Loading
Trending Collections
More »Loading
Trending Insights
More »- HLB Merger Arb's Unique Timing Dynamics for a Juicy 8% Swap Spread
- MV Australia Resources Index Rebalance: Two Adds, Float & Capping Changes
- Tencent To Acquire Nexon? Time and Price Lining Up for a Final Deal?
- MarketVector Vietnam Local Index Rebalance: One Add, Capping & Float Changes
- Korea Small Cap Gem #36: FnGuide [Increasing Moat for Its Index Business]
Top Unpaywalled Insights
More »Discussions
(Paid Plans Only)
- Tracking & Nowcasting G3 GDP22 Apr 2024
- Inflation Preoccupation17 Apr 2024
- Spotlighting “Underlying” Inflation01 Apr 2024
- USD inflation review: Powell has to invent a new measure..13 Feb 2024
x