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Bombshell CPI Report Shocks The Market (Here's What You Need To Know)

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Manage episode 428515853 series 2679639
Content provided by Jeff Snider. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Jeff Snider or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

The June consumer price estimates at first seemed like good news. Two months in a row at low and now negative changes. But these past two months have shown a little more weakness than most had bargained for, instead so many of the details consistent with recession indications spilling out from all over the economy. No wonder bond yields dropped sharply, though, alarmingly, swap spreads got there well before today.

Eurodollar University's Money & Macro Analysis

BLS June 2024 CPI
https://www.bls.gov/news.release/pdf/cpi.pdf

Bloomberg Stocks See Big Rotation as Yields Sink on Fed Bets: Markets Wrap
https://www.bloomberg.com/news/articles/2024-07-10/stock-market-today-dow-s-p-live-updates

EURODOLLAR UNIVERSITY ANNIVERSARY SALE PAGE
https://www.eurodollar.university/anniversary-sale

https://www.eurodollar.university
Twitter: https://twitter.com/JeffSnider_EDU

  continue reading

826 episodes

Artwork
iconShare
 
Manage episode 428515853 series 2679639
Content provided by Jeff Snider. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Jeff Snider or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

The June consumer price estimates at first seemed like good news. Two months in a row at low and now negative changes. But these past two months have shown a little more weakness than most had bargained for, instead so many of the details consistent with recession indications spilling out from all over the economy. No wonder bond yields dropped sharply, though, alarmingly, swap spreads got there well before today.

Eurodollar University's Money & Macro Analysis

BLS June 2024 CPI
https://www.bls.gov/news.release/pdf/cpi.pdf

Bloomberg Stocks See Big Rotation as Yields Sink on Fed Bets: Markets Wrap
https://www.bloomberg.com/news/articles/2024-07-10/stock-market-today-dow-s-p-live-updates

EURODOLLAR UNIVERSITY ANNIVERSARY SALE PAGE
https://www.eurodollar.university/anniversary-sale

https://www.eurodollar.university
Twitter: https://twitter.com/JeffSnider_EDU

  continue reading

826 episodes

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