Discover and read the best of Twitter Threads about #firstword
Most recents (1)
A short 🧵🪡
1/7
Equity markets remain on a ‘hair trigger’ and today’s wobble probably due to $FRC and regional bank model concerns
👀 on #Fed FOMC 5/3-5/4
- we still expect a ‘dovish’ +25bp
- regional softness one factor
- other is lots of disinflation in pipeline
1/7
Equity markets remain on a ‘hair trigger’ and today’s wobble probably due to $FRC and regional bank model concerns
👀 on #Fed FOMC 5/3-5/4
- we still expect a ‘dovish’ +25bp
- regional softness one factor
- other is lots of disinflation in pipeline
2/7
Case-Shiller showed upside surprise on price (MoM) but arguably as important is home prices went to ZERO YoY
- zero price inflation on homes
- @Redfin rent yoy negative
- Yet, #CPI showing 8.6% yoy gains for housing
CPI lagging real-time measures = disinflation in pipeline
Case-Shiller showed upside surprise on price (MoM) but arguably as important is home prices went to ZERO YoY
- zero price inflation on homes
- @Redfin rent yoy negative
- Yet, #CPI showing 8.6% yoy gains for housing
CPI lagging real-time measures = disinflation in pipeline
Link to 3 (broke somehow)
