Economic Reports: Retail Sales: -0.4% m/m [prior +3.1% m/m], contraction. Industrial Production: +0.0% m/m [prior +0.27% m/m], contraction CPI-Urban: +0.37% m/m [prior +0.51% m/m], inflation Producer Prices (Input): -0.47% m/m [prior +0.71% m/m], deflation. In addition, Fed balance sheet climbed this week by $297 billion [+3.44% w/w]. “Money printing” is back. Except: Wolf provides some …
Short Rates Plunge, Fourth Turning, Meet the Djinn Read More »
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