At a Glance • The news: The October Consumer Price Index (CPI) lands on Tuesday morning, followed by wholesale inflation via the Producer Price Index (PPI) on Friday. • The context: Gas and diesel prices have stayed high amid the war in Iran. At the same time, Treasury yields and interest rate expectations have declined…Read more
As markets transition to the fourth quarter, we’ll get the last monthly jobs report before the midterm elections. At a Glance Investors should brace for quarter-end and month-end portfolio rebalancing. Institutional investment managers tend to use these calendar checkpoints to re-evaluate their portfolios. In practice, this often means taking profits on the period’s best-performing assets…Read more
At a Glance The jobs report for August marks the return of market-moving macro news. In particular, economists will be focusing on job growth, wage growth, as well as the balance between labor supply and demand. The last jobs report was mixed, as was the market reaction: On one hand, the economy lost jobs and…Read more
