Barron’s (May 19)
“Bond markets haven’t been swayed by President Donald Trump’s latest assurances on the war with Iran, with yields holding stubbornly higher” and impacting the broader economy. “Elevated bond yields are contributing to rising inflation, with April producer inflation at its highest since December 2022, challenging growth investments.” It appears “the bond market is forcing a reckoning Trump isn’t able to stop.”
Tags: April, Assurances, Bond markets, Broader economy, Elevated, Growth investments, Iran, Producer inflation, Reckoning, Rising inflation, Swayed, Trump, War, Yields
Bloomberg (May 9)
“A fresh batch of consumer price data in the coming week is likely to affirm Americans’ growing frustration with inflation.” According to a Bloomberg survey, economists are predicting “a sharp 0.6% increase in the consumer price index for April” as “prices at the gas pump have vaulted more than 50% since the US- and Israeli-led war on Iran started in late February.” Moreover, this is likely to begin filtering through to the broader economy. “The swift upturn in fuel prices is likely to be passed on by businesses in the form of higher consumer prices for other goods and services.”
Tags: April, Broader economy, Consumer prices, Economists, Fuel prices, Gas pump, Goods, Growing frustration, Inflation, Iran, Israel, Prices, U.S., Upturn, War
Wall Street Journal (May 13)
“Well, the party was fun while it lasted. But now the liquidity tidal wave is crashing as it always does when credit conditions tighten. This week’s crypto-currency crash is the first body exposed on the beach, and let’s hope the damage doesn’t spread too far into the financial system and broader economy.”
Tags: Broader economy, Crash, Credit, Crypto-currency, Damage, Financial system, Liquidity, Party, Spread, Tidal wave, Tighten
