Pro Perspectives 6/27/23
June 27, 2023 We had some strong economic data this morning. For the month of May, durable goods and housing…
Pro Perspectives 6/26/23
June 26, 2023 On Friday we get May core PCE. This is the Fed's favored inflation gauge. As you can…
Pro Perspectives 6/23/23
June 23, 2023 As we end the week, let's talk more about generative AI. We've talked in recent weeks about…
Pro Perspectives 6/22/23
June 22, 2023 The Bank of England surprised with a bigger, 50 basis point, hike this morning. The 10-year…
Pro Perspectives 6/21/23
June 21, 2023 Jerome Powell is back on Capitol Hill. It was just a week ago that the Fed…
Pro Perspectives 6/20/23
June 20, 2023 We had strong housing numbers this morning. Housing starts jumped, though off of the lows of the…
Pro Perspectives 6/16/23
June 16, 2023 Yesterday we talked about the era of explicit central bank market manipulation. They crossed the line in…
Pro Perspectives 6/15/23
June 15, 2023 As we discussed yesterday, the Fed ended a series of ten consecutive rate hikes yesterday. They took…
Pro Perspectives 6/14/23
June 14, 2023 The series of ten consecutive Fed rate hikes has come to an end. It was telegraphed…
Pro Perspectives 6/13/23
June 13, 2023 The headline inflation number came in this morning right at 4% year-over-year. And as we've discussed, even…