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"We think they are days from failure. They think it is a temporary problem. This disconnect is dangerous."

Friday, September 15, 2023

Daily Economic Update: September 15, 2023

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Friday starts off with the UAW on strike. Stocks don't care and look to continue their rally following solid U.S. data yesterday.  Yield...
Thursday, September 14, 2023

Daily Economic Update: September 14, 2023

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Ahead of ECB decision and the U.S. data today (jobless claims, PPI and retail sales), the 2Y is 4.98% the 10Y is 4.26% both down ~5bps from ...
2 comments:
Wednesday, September 13, 2023

Daily Economic Update: September 13, 2023

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$29 dongles, an attempt to impeach Biden, MGM casino cyber attack, covid, UK GDP contracting, but it's CPI that is in focus today. At th...
1 comment:
Tuesday, September 12, 2023

Daily Economic Update: September 12, 2023

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Today starts with yields pretty flat the 2Y is at ~5.00% and the 10Y is 4.28% .  Big day for Tesla yesterday as Morgan Stanley suddenly unco...
Monday, September 11, 2023

Daily Economic Update: September 11, 2023

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  September 11th starts with yields up and steeper the 2Y is 4.99% and 10Y is up ~4bps to 4.294%.  The Yen is stronger against the USD as ov...
Friday, September 8, 2023

Daily Economic Update: September 8, 2023

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Despite strong ISM Services and jobless claims to start yesterday, yields ended lower as markets focused on news like that out of Walmart, w...
Thursday, September 7, 2023

Daily Economic Update: September 7, 2023

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After another day of rising, U.S. yields open the day a little lower with the 2Y right around 5% after crossing 5% yesterday following bette...
1 comment:
Wednesday, September 6, 2023

Daily Economic Update: September 6, 2023

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Continued dollar strength especially against Asian currencies (JPY and CNY)  and rising oil prices are front and center today as equities an...
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Edward Quince
I needed a pseudonym. An IT specialist suggested Edward Quince. It seemed fine to me. Quince, Edward "QE" go figure
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