"The shelter
index also rose 0.3 percent in March, with the index for owners’ equivalent rent and the index for rent both increasing 0.2 percent." bls.gov/news.release/c…
THE 'EASY MONEY' BITCOIN TRADE THAT WALL STREET IS STARTING TO NOTICE
In today's @markets newsletter, I wrote about the extreme contango in the Bitcoin futures market, and the theoretical yield opportunity that this presents
YOU'RE FINALLY GETTING THE STOCK MARKET YOU'VE BEEN ASKING FOR
In today's @markets newsletter, I wrote about how we finally have the right conditions such that the Fed just doesn't need to worry so much about volatility and selloffs.
@markets Fiscal stimulus and deleveraging of private sector balance sheets means there isn't much of a transmission between asset prices and real economic activity. We might already be seeing a Fed that cares less about the market than it previously had been.
@markets As I said back in July, Fiscal expansion is the off ramp from the existing cycle. And it looks like that might be playing out.