Mindblown: a blog about philosophy.
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US Durables Ex-Def, R MM * (May) 3.0% (Prev. 3.0%)
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US Factory Orders MM * (May) 0.3% vs. Exp. 0.8% (Prev. 0.4%)
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MORNING MINUTE JULY 5th
WEAKER PMI DATA OUT OF CHINA AND EUROZONE SEND STOCKS WEAKER AS WE AWAIT THE FED MINUTES TO GAUGE IF MORE RATE HIKES ARE COMING
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Fed-preferred PCE gauge shows lowest U.S. inflation rate since April 2021, as core rate remains elevated
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US PERSONAL SPENDING, Adjusted MM* (May) 0.1% vs. Exp. 0.2% (Prev. 0.8%)
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US Core PCE Price Index MM * (May) 0.3% vs. Exp. 0.3% (Prev. 0.4%)
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US Core PCE Price Index YY* (May) 4.6% vs. Exp. 4.7% (Prev. 4.7%)
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US Core PCE Price Index MM * (May) 0.3% vs. Exp. 0.3% (Prev. 0.4%)
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MORNING MINUTE JUNE 30th
CENTRAL BANKERS HAVE DONE A GREAT JOB OF RAISING RATES AND NOT HOPES, BUT THAT HASN’T DETERRED INVESTOR CONFIDENCE IN STOCKS
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END OF DAY REPORT JUNE 29th
STRONG ECONOMIC NUMBERS ALL ROUND SENT RATES SPIKING HIGHER AS THE MARKET STARTS TO TAKE POWELL FOR HIS WORD
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