The inflation report for the month of February was hotter than expected at 3.2% YoY. A more granular analysis, like the one shown below, shows that inflation composition has changed; during 2021 and 2022, a big percentage of price changes came from goods, Energy and Food.

By: Gustavo A. Cano

Excess savings: "The rundown is more likely to be a gentle slope than a cliff edge...As long as the labor market remains tight, we believe the rundown of household savings is consistent with balance sheet normalization and a slowdown, not a collapse."

By: Daily Chartbook

Houston: we might have a problem.

The February US CPI data show the month-on-month increase in core CPI inflation printed at 0.36%.

By: Alfonso Peccatiello

Many experts credit (resp. blame) the Fed for the market rally since the October lows.

By: Till Christian Budelmann

Goldman: Upgrading our 2024 S&P 500 buyback forecast

By: James W.

Bullishness is getting crowded.

By: James Bianco

With Powell's remarks today, Wall Street's hopes for a March rate cut (once 97%) officially hit 0.

By: Charles-Henry Monchau, CFA, CMT, CAIA

Foreign investors’ allocation in US equities is currently as extreme as they were at the very peak of the tech bubble.

By: Otavio (Tavi) Costa

Supercore PCE jumped by 0.6% MoM, the largest increase since March 2022.

By: Daily Chartbook

Interview: Torsten Slok, Chief Economist at Apollo Global Management, Inc. - Interest Rates Will Stay Higher for Longer

By: Michal Stupavsky, CFA