Inflation remains elevated pushing out futures expectations for further interest rate cuts in 2025 to just a -1/4 point cut in June. Early bank reporting trends reveal approximately 75% of
Weekly Review and Outlook 1/13/202
Post-election market optimism has evaporated as longer maturity Treasuries search for support following the December payroll reports and futures markets not expecting another Fed rate cut until May. Fed H.8
Weekly Review and Outlook 1/6/202
With the Christmas and New Year’s holidays behind, the pace of events and trading should quickly normalize. Updates over the past 2 weeks extended prior trends for U.S. Manufacturing sector
Weekly Review and Outlook 12/16/2024
Consumer inflation remains elevated heading into this week’s Federal Open Market Committee meeting. Fiscal stimulus continues at historic levels. After being inverted for more than 2 years, U.S. Treasury 10-year
Weekly Review and Outlook 11/18/2024
Inflation remained elevated in October with both Consumer and Producer core price indices increasing 0.3% from the prior month. As I consider potential post-election model adjustments, I focus on continuing
Weekly Review and Outlook
In the 2024 election voters placed the White House and Senate in Republican control. Nearly a week after election day, the House results are still undecided mostly in California but