FlowBank

1063 days ago

US 10-year yield dumps in response to GIANT non-farm payrolls miss

Big miss on the jobs report: Job growth at 266K well below 1 mil expected. Not surprisingly, bond market is pushing back expectations of Fed tightening. A lot of noise in the report, but bottom line is this recovery is going to take some time.

#Macro
US 10-year yield dumps in response to GIANT non-farm payrolls miss

1063 days ago

Fed warns of asset price bubble. Risk appetites soars.

The combination of stretched valuations with very high levels of corporate indebtedness bear watching because of the potential to amplify the effects of a re-pricing event. 

#Macro

1066 days ago

Top manufacturing powers by country

Without much surprise, China is the number one manufacturing power with over 28.7% of the global manufacturing output in 2019. That's 10 percentage points ahead of the US, which comes second in the ranking. China used to be number two before it surpassed the US in 2010.

#Macro
Top manufacturing powers by country

1067 days ago

US GDP went up thanks to consumers spending

US GDP grew 6.1% in the first quarter of 2021, mainly fueled by consumers spending, itself fueled by several rounds of stimulus checks. Personal consumption indeed increased by 10.7% from the previous quarter. The chart hereby shows you a decomposition of the total gross domestic product. 

#Macro
US GDP went up thanks to consumers spending

1068 days ago

Mentions of "Inflation" during S&P 500 earnings calls more than tripled

Source: BofA 

#Macro
Mentions of Inflation during S&P 500 earnings call vs. US CPI
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