Weekend Update 11/14/2021

Weekend Update recaps market highlights and major news from Ursa’s portfolio. Not on Ursa yet? Download Ursa from the App Store!


Perfect storm pushing latest inflation reading 3x higher than target


📈  Surging inflation. #InflationFears in high gear with Oct 12-month CPI rising 6.2%-3x higher than 2% annual target. Investors concerned Fed moving too slow with stubborn ‘transient’ expectations. 10-year treasury yield rebounds up +9% after pullback from conservative Fed action.

📉  Consumer sentiment falling. #InflationFears spilling onto Mainstreet. Michigan’s consumer sentiment gauge dropped to 10-year low driven by surging inflation worries. Consumer sector hit hard down -3% for week.

✈️  Lifting travel bans. 🇺🇸 lifting #COVID19 international travel bans opening tourism to travelers from Brazil, South Africa, UK and most of Europe. Another boost for #RevengeTravel, but worsening consumer sentiment rained on the parade. 😕


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The statements, opinions and analyses presented here are provided as general information. This article is the opinion of the author. Anything within this article should NOT be considered an investment recommendation or advice. See Ursa’s full disclosures here.