When America’s amusement parks and baseball stadiums no longer must serve as mass COVID-19 vaccination sites, some investors believe that households pocketing pandemic aid might start to splurge.
Economists at Oxford Economics said on Friday they expect to see the “longest inflation stretch above 2% since before the financial crisis, but it’s unlikely to sustainably breach 3%.” U.S. stocks, including the Dow Jones Industrial Average DJIA, +0.09%, S&P 500 index SPX, +0.47% and Nasdaq Composite COMP, +0.50% closed on Friday at all-time highs, while debt-laden companies can now borrow in the corporate “junk” bond, or speculative-grade, market at record low rates of about 4%.In addition to rallying stocks and bonds, home prices in the U.S. also have gone through the roof during the pandemic, despite the U.S.
“Broadly, the guide is, does it cost me more to live a year from now than a year prior,” Jeff Klingelhofer, co-head of investments at Thornburg Investment Management, said about inflation in an interview with MarketWatch. The 10-year Treasury yield TMUBMUSD10Y, 1.209% has climbed 28.6 basis points on the year to date to 1.199% as of Friday.
Food, houses, commodities, etc prices through the roof....but no inflation because its muted by technology according to the morons at federalreserve guess what I don’t buy a freaking tv or computer every week
a big LOL to this headline, noticed the price of groceries lately?
How much is the commodities index up in the last 10 months? Asking for a friend Hedgeye.
Consumer confidence is 70% of economic growth.
Since we all work from home, shouldn't 8 hours per week day of our rent, electricity bill and internet be included in our tax returns? Just thinking out loud about this 🧐