Schrodinger’s Inflation? 😸

💪 More strong economic data. Despite rising case, #COVIDRecovery still strong as 12-month consumer price index grew 5.4% again in July. #InflationFears tug ‘o war with another high inflation month, but, at the same time, not accelerating. ️💸  Yields keep rising. 10-year treasury yields up another +4% last week, but as much as +9% Thursday before Friday’s -5%. pullback. #RisingYields resurgence Read More

Inflation soars again 🛫; Investors 🥱

🤷‍♂️ Inflation hits 5% in May. Beating last month’s 13-year high of 4.2%, 12-month Consumer Price Index (CPI) growth came in at 5% for May. Surprisingly, investors mostly shrugged off any #InflationFears as 10-year treasury yields also fell -6% over the week. 🤠  Growth rotation. With a transient inflation mindset leading to falling yields, Growth names surged last week Read More