Can US Q4 GDP Break the Recession Narrative?
Amidst all the debate of whether the US is heading into a recession this year, we get the first look at last year’s GDP figures. This could be the biggest market moving event of the week, especially if expectations are not met. And there is something of a wide range of forecasts. The Fed’s GDPNow […]
US Data, and the Disinflation Narrative
After months of inflation coming in way above the Fed’s target, the latest releases show a different trend. US monthly CPI figures for December showed a drop in prices, largely aided by energy prices. Yesterday, producer prices came in much more negative than expected. If inflation is bad, then the opposite would be good, right? […]