Recession-Hard/Soft Landing
BoC: Too Early To Declare Mission Accomplished…
Restrictive Financial Conditions: A Drag On Growth…
US Consumer Inflation Expectations Unexpectedly Jump, Weighing On Sentiment…
It Is Too Late To Short Sterling…
Shelter Costs Drive Hotter-Than-Anticipated US Inflation…
Will The UK Avert Recession…
Rates Selloff: Keeping It Real…
Is It Time To Buy Bonds?…
US monetary policy is restrictive, as evidenced by a falling jobs-workers gap. The reason that unemployment has not risen is because labor demand still exceeds supply. That will change in the second half of 2024 when the US economy succumbs to recession. Investors should increasingly favor bonds over stocks.
Hotter-Than-Anticipated US PPI…