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Newsfeed: US Consumer Prices Blow Away Expectations, Rise For 27th Straight Month

Newsfeed: US Consumer Prices Blow Away Expectations, Rise For 27th Straight Month

Expectations for a 0.1% MoM drop in CPI has set the squeeze-algos on fire in recent days as the small drop signals ‘peak inflation’ and goldilocks and a unicorn-filled Fed will step back and declare victory (with a lag). Short-term interest-rates – however – have not been buying that dovish story, so how the market reacts to today’s print will be fascinating given the technical background of extreme negative delta and positioning, and now momentum. The market was pricing in a 90% chance of a 75bps hike by The Fed next week ahead of the CPI print.

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Newsfeed: Europe’s Natural Gas Shortage Could Trigger A Food Crisis

Newsfeed: Europe’s Natural Gas Shortage Could Trigger A Food Crisis

The problem with an energy crisis is that it’s actually an everything crisis. In a world where virtually every industry relies on energy in some form, runaway inflation is an inevitability. This phenomenon is not news – you’ve been experiencing it for the better part of two years now. But while global governments are using every tool in their kits to curb the rising inflation rates, there’s far less they can do about the coming food shortage.

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Newsfeed: Kyle Bass Acquires Texas Land As Boom Times Could ‘Last At Least A Decade’

Newsfeed: Kyle Bass Acquires Texas Land As Boom Times Could ‘Last At Least A Decade’

Hedge fund manager Kyle Bass’ private equity firm is placing big bets on land. Bass is buying tens of thousands of acres of Texas dirt which appears out of the norm for the hedge manager, considering he has wagered complex macro trades in financial markets for over two decades. 

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Newsfeed: States Losing (And Gaining) The Most Rich Young Professionals – 2022 Edition

Newsfeed: States Losing (And Gaining) The Most Rich Young Professionals – 2022 Edition

Young professionals are generally staying close to home, according to new research. The Census Bureau and Harvard University recently found that 80% of young adults live less than 100 miles from where they grew up. Meanwhile, just 10% had moved more than 500 miles away. This means that while big cities like New York and Los Angeles have been millennial hotspots for years, the tides may be changing.

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Newsfeed: Yellen pledges to target high-earning Americans in bid to keep U.S. finances on ‘sound footing’

Newsfeed: Yellen pledges to target high-earning Americans in bid to keep U.S. finances on ‘sound footing’

U.S. Treasury Secretary Janet Yellen on Thursday pledged to pursue tax increases for high-earning Americans in a bid to keep U.S. finances sound, as she gave a speech in Michigan on the Biden administration’s economic policies.

Newsfeed: Yellen pledges to target high-earning Americans in bid to keep U.S. finances on ‘sound footing’ Read More »

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