View the 1 images of this gallery on the original article Source: Bloomberg Trigger Warning: Chart of the Day: Citi Surprise Index vs SFR9 (proxy for federal funds rate 9 months forward) My hypothesis is that the US economy has begun to slow due to the...

Fed speak starts up again today as we will get an update from members of the committee on their thoughts about current monetary policy amidst the recent data for April post their meeting earlier this week. We will learn where Powell stands vs. the rest of...

In this episode of Macro-To-Micro Power Hour from 05/15/24, Samantha LaDuc and Craig Shapiro discuss the current economic landscape and its impact on market dynamics. Samantha focuses on market direction, sector rotation, and stock picking, while Craig...

Core PCE comes in at 0.249% m om, basically spot in line with expectations which isn’t surprising given most economists have nearly all the data ahead of time with the CPI and PPI releases. This doesn’t really change much about the trajectory...

Here are some of the recent highlights of important global leaders flying around the world to have significant meetings, which all seem to suggest that something large is potentially brewing in the changing face of the global monetary order: Putin meets...

https://www.newsweek.com/china-moves-away-us-dollar-hit-new-milestone-1901901 Craig Shapiro, a macro adviser to LaDuc Trading, identified three primary reasons for this trend. “The handling of Russian reserves by the U.S. and other G7...

The Fed thought they achieved the immaculate disinflation / “Golden Path” last fall and figured they could pivot policy in a more dovish direction and never deliver the last intended rate hike that a substantial majority of Fed members...

View the 1 images of this gallery on the original article Source: CBO The Congressional Budget Office does some great work modeling out how horrible the US Government’s financial picture looks out for the next 30 years as a way to try to tell...

Fed Minutes are out and there are a bunch of hawkish headlines which really shouldn’t be that surprising given I have continued to suggest that Powell doesn’t speak for the entirety of the committee when he gets up there.  Given that I think...

https://www.thestreet.com/crypto/markets/bitcoins-future-hinges-on-the-feds-next-move I was interviewed by Rob Nelson from Roundtable on Tuesday ahead of the Fed meeting to discuss my outlook for Bitcoin. I mentioned that it was likely a call on whether...