JANUARY 26, 2025 OBSERVATIONS
Economic data was a mixed bag last week with only continuing jobless data being the one surprise to me.
JANUARY 19, 2025 OBSERVATIONS
Last week’s inflation data came in weaker than expected with the PPI surprising well to the downside as well as Core CPI coming in below expectations. January weakness was effectively reversed as a result.
JANUARY 12, 2025 OBSERVATIONS
Multiple selloffs in equities following strong jobs and ISM data highlights a general concern of returning inflation at a time when valuations are already quite stretched
ANNUAL REVIEW – 2024
Much of 2024 was governed by fluctuating probabilities between a soft landing, a hard landing, and a return of inflation.
