IBIT hit 71 consecutive days of inflows, placing it in the all-time top 10 for ETFs

IShares Bitcoin Trust ETF hit 71 consecutive days of inflows, placing it in the all-time top 10 for ETFs. The Bitcoin-focused fund is now in the top 10 of longest daily inflow streaks of all time. IBIT has surpassed the U.S. Global Jets ETF for the number 10 spot on the list.

Advanced Durable Goods Shipments March 2024: Pushing Fed Further To Sideline

U.S. Economy in a "no-landing" scenario, with strong growth and accelerating inflation. Real Advanced Durable Goods Shipments grew by 0.28% in March, with growth in Core Durable goods accelerating by 1.05%. James Kostohryz: Census Bureau report provides further reason for the Fed to postpone any rate cuts. He provides an in-depth analysis of the latest durable goods data for March 2024.

Will Commodities Continue To Outperform In 2024?

Most of the major asset classes are in the red so far this year. A widely followed marker in the commodities rally is this year’s rise in gold. The second-best performer in 2024 is the fast-deflating US stock market. James Picerno says commodities are the upside outlier by a wide margin.

Goldman Sachs sees core inflation trending lower in 2024, with key PCE report on deck

Goldman Sachs sees core inflation trending lower in 2024, with key PCE report on deck. The bank sees the Federal Reserve's preferred inflation gauge moving down in 2024. The PCE inflation figures could be a significant catalyst for the stock market this week. The release of the Personal Consumption Expenditures Price Index will be released on Friday.

Yardeni says 'big rally' due for stocks if PCE inflation abates

U.S. Economy Yardeni says 'big rally' due for stocks if PCE inflation abates. The core PCe inflation reading for March is slated to be released Friday. The 10-year Treasury yield dragged the S&P 500 down 5.6% from its all-time high.

Weekly Report: what happened at TIP last week (0415-0419)?

Oil Price Shock 2024: The Path To $300

TIP: ETF Outflow Alert

Industrial Production March 2024: Too Strong For Fed Cuts

U.S. Federal Reserve published the Industrial Production report for March 2024. Industrial Production expanded by +0.39%, an above-average rate of growth, in line with the median forecast. The potential for an oil price shock is the biggest threat to the U.s. Economy in 2024. James Kostohryz says the Fed does not need to rush to cut interest rates.

With Breakevens At 2.4%, TIP Looks Better Than Treasuries

IShares TIPS Bond ETF (TIP) is a treasury-inflation protected securities. TIPs yield around 2.5% plus inflation and are expected to outperform normal treasuries with inflation rates higher than 2.4%. With inflation running at +3.0% and no signs of going lower, TIP's seem stronger than normal Treasuries right now. IShares TIps Bond ETF is an index fund investing in TIP securities.

Retail Sales March 2024: No Landing Means Rates Higher For Longer

Retail sales in the U.S. Expanded by +0.72% in March 2024, surprising to the upside. The Census Bureau just published its Advance Report on Monthly Sales for Retail & Food Services. The strong retail sales report suggests that the US economy is in a "no-landing" scenario.

Weekly Report: what happened at TIP last week (0408-0412)?

iShares TIPS Bond (TIP) Shares Cross Below 200 DMA

Inflation Scenarios Without A War: U.S. Markets Face Trouble

Four non-oil-shock scenarios for US core inflation between now and October 2024 are examined. We discuss different inflation scenarios for the USA, assuming no major disruptions to global oil supplies. We believe that under any of the four inflation scenarios analyzed, the U.S. Financial markets will face troubles.

Larry Summers Says June Rate Cut Could Be 'Dangerous And Egregious Error' After Hotter-than-Expected March Inflation Data

Former Treasury Secretary Larry Summers says the March inflation report came in hotter than expected. Consumer prices rose 0.4% month-over-month and 3.5% year- over-year in March. Summers says he was not surprised by the numbers. He says the economy is growing faster than expected and inflation should not be a surprise.

CPI March 2024: The Inflation Picture For Markets Just Changed

March CPI rose by +0.38%, higher than expected, indicating potential inflationary pressures. Core CPI also exceeded expectations at 0.36%. Super-core inflation, the Fed looks at most closely, is accelerating at an alarming pace. Initial market reaction to the CPI report has been negative. James A. Kostohryz Investing Group Leader: The Inflation Picture For Markets Just Changed.

Will March Inflation Data Break Tech Rally's Back? Why Wall Street's 'Dean Of Valuation' And Gene Munster Are Worried, But Paul Krugman And Other Economists Are Not

Consumer price index for March is due on Wednesday. Economists predict a slight slowdown in the month-over-month inflation rate. The annual inflation rate is expected to pick up slightly. The data could impact the Federal Reserve's interest rate decisions. The consumer price index report is due to be released for March.

2024 Strategic Positioning Update

Home Investing Strategy Fixed Income Analysis 2024 Strategic Positioning Update explains how Russell Investments is positioning its portfolios for the next five years. The firm maintains a cautious risk stance and is leaning toward equities over credit. Recession risk remains elevated, but the markets are priced for an optimistic scenario. The Fed is expected to lower rates in 2024.

Weekly Report: what happened at TIP last week (0401-0405)?

Larry Summers Says There's Still A 'Real Possibility' Of A Fed Move Higher: 'Would Be An Inappropriate Act To Cut Rates' At June Meeting

Lawrence Summers says the March job report suggests the economy is re-accelerating. The former Treasury Secretary says the neutral rate is higher than the Fed's estimate of a neutral rate. The Fed does not have a neutral monetary policy rate target, Summers says. The U.S. Payrolls gain in March could dampen hopes of rate cuts.