$250,000 is the new $50,000
CPI data is set to release on Friday where investors are expecting an 8.3% report vs. an 8.3% previous report. Inflation is starting to hit almost every sector across the … Read More
Category: Economics
Is The Oil Market Signaling More Carnage?
The oil market is back on its bullshit again. Oil has seen a rather strong uptrend in price after massive price swings, both up and down, throughout the month of … Read More
Microsoft Goes Soft on Guidance, Citing Surging Dollar
WAKE UP BABE. NEW SCAPEGOAT DROPPED. Microsoft Corporation released a securities filing on June 2nd, which highlighted decreased sales and earnings guidance. Revised 4th quarter revenue guidance is $51.94-$52.74 Billion … Read More
PCE Print Sends Stocks Nuclear; But Economic Uncertainty Remains
As the algos were awaiting a lower PCE print to send markets trending higher this week, PCE came in as expected, both on a MoM (0.2%) & YoY (4.9%) basis. … Read More
Tech Layoffs En Masse
Despite a rather “robust” (jury is still out) labor market, the likes of the tech sector have certainly seen better days. Over the past few weeks, tech companies have been … Read More
Inflation Is Yesterday’s Problem
Although U.S. inflation closed at its fastest rise in four decades, we are in the beginning of stages of a downward trend. The Labor Department reported Wednesday that inflation had … Read More
U.S. Economic Shrinkage (1.4% To Be Exact)
“I WAS IN THE POOOOOOL!” Real GDP shrank 1.4% in the first quarter of 2022, according to the advance estimate from the Bureau of Economic Analysis. This shows a stark … Read More
Supply Chain Crisis – Remastered
Ever since the “Great Texas Freeze of ’21“, the supply chain crisis intensified throughout the remainder of the year, and analysts are positing that we’re due for the next round … Read More
March CPI Is Peak Inflation
I’m ready to go toe to toe with Jeff Gundlach, the purveyor of 10% inflation. Everyone saw today’s March CPI report from the BLS, where inflation came in at a … Read More
8.5% Reading for March 2022
8.5% isn’t the APR for my car loan nor the interest on my credit card. This large percentage represents the inflation recorded for the month of March, the highest on … Read More