SALES AND CUSTOMER GROWTH
Despite All Moaning & Groaning, Americans Not in the Mood to Slow Down: Retail Sales Surge even without Gasoline
Not even sky-high gasoline prices could dent their spending on bars & restaurants, ecommerce, cannabis stores, etc.
USRETAILERS
INVESTMENT AND CAPITAL MARKETS
Some Thoughts on the 5.42% Yield at the 20-Year Treasury Auction: Bond Market Bloodbath Continues
The function of yield is to create demand. And it did.
INVESTMENT AND CAPITAL MARKETS
Money-Market Funds & CDs: Americans Pile on Low-Risk Investments despite so-so Yields & Higher Inflation
The interplay of risk and inflation.
US C DS 09 14 2026 LARGEFEDERAL RESERVE
INVESTMENT AND CAPITAL MARKETS
The 10-Year Treasury Yield Briefly Makes it over 5%. Last Time, 5% Instantly Opened the Floodgates of Demand
But 5% was considered normal to low in the decades before the Fed鈥檚 financial repression kicked off in 2008.
INTERNET CULTURE AND SOCIAL MEDIA
Inflation Not Going Back into the Bottle: CPI, Core CPI, and Core Services CPI Bounce Back
Core services CPI +4.0% annualized, Core CPI +3.5% annualized, all-items CPI +4.9% annualized in August from July.