Chris Rupkey
Chris Rupkey
fed good guard news terms
The Fed is still going to be on guard in terms of monitoring inflationary pressures, but this has to be good news today.
economy energy higher inflation prices providing remains
Higher energy prices are not providing any big headwinds for the economy and inflation remains very contained,
bit concerned continues economy fed raise slack taking
I'm really more concerned that the economy is taking up slack resources. That could be a little bit worrisome. I think the Fed continues to raise rates.
anecdotal consumer core costs despite energy far fed prices rising signs smoke
As far as energy prices and core consumer prices, so far it is all smoke and no fire. Rising energy costs have not yet fed into the costs of other goods, despite many anecdotal signs that prices are being impacted.
bonds buy economy feeling giving juice losses stock weak
Stock losses are giving bonds some juice this morning; we're back to feeling that the economy is weak and that bonds are a buy here.
bond gasoline prices rally reasons rising soft tough
Is the soft-patch bond rally over? It's a tough call, but we don't think so, as the reasons for the soft patch, rising gasoline prices at the pump, are still there.
indicate reading softer
It may come down to 59.5. This reading would not indicate a softer economy.
commodity inflation matter prices start time
It may be just a matter of time before the public's inflation expectations start to rise. Commodity prices are soaring.
couple forth hike june next odds rate
It's going to be volatile. The odds for a rate hike in June will go back and forth for the next couple of months.
economic economy given growth heart jobs number result risks sector service services solid strong
This is a very solid result for the service sector given all the risks to the economic growth outlook. The services sector is the heart of the economy where most of the new jobs are created, so a strong number bodes well for the outlook.
business immense inflation pressures sidelines stage
They're not on the sidelines yet. The inflation pressures are immense at this stage of the business cycle.
fed leads rate series
That leads to expectations that the Fed is still going with its series of rate hikes.
below claims continues create drop economic economy expect growth jobs labor market million month rate remaining remains solid
Economic growth remains solid and the economy could create over 2 million jobs this year. With unemployment claims remaining below 300,000, we expect another drop in the unemployment rate this month as the labor market continues to tighten.
geared industrial june last next production reported unlikely
It suggests that the industrial production setback reported for June is unlikely to last and that production geared up the very next month.