person
Cleveland Fed president who argued the FOMC should have hiked last month and suggested multiple increases may be needed.
No evidence-backed relationships are recorded.
US 10-year Treasury yields hit 5.23% on Friday, the highest since June 2007, while consumer spending tracked toward 4% growth. A curve rising from 4.90% on the 2-year to above 5.51% on the 30-year fits a growing economy better than a frightened one.
Reality
July CPI at 0.1% and flat PPI took the near-term rate scare off the table. What is left holding up records above 7,800 is a bet on how long GPUs stay useful.
Perspective Coverage
5 publishersReality
The 3.4% headline that drew three dissents for immediate hikes is carried by nine older months running near 4.4% annualized. Clearing those months out of the window takes nine more monthly prints.
Reality
The average that capped the 2022 bear market is overhead again near $63.2k, and this week's Fed minutes and Japan data decide whether the level holds any authority.
Reality
Home Depot, Target and Walmart report on consecutive mornings into a thin data calendar. Their guidance, not the macro releases, is where tariff pass-through shows up first.
Reality