Not really a surprise, but January’s personal spending numbers came in hot at 1.8% MoM. Also, Personal Consumption Expenditures PRICE index (aka, inflation) rose to 5.4% YoY.
Here comes The Fed! The 2-year Treasury yield rose 10 basis points this morning.
Pelsoi and Schumer (with McConnell) got the gold mine and American consumers got the shaft.
You must be logged in to post a comment.