Thursday in the charts.
January Japanese CPI was +0.6% versus -0.1% reported in December; the February flash manufacturing PMI was 50.6 versus 49.8 in January; the flash services PMI was 45.8 versus 46.1; the flash composite PMI was 47.6 versus 47.1.
January UK retail sales fell 8.2% versus estimates of -2.5%; ex autos, they were -8.8% versus -2.6%; the February flash manufacturing PMI was 54.9 versus 53.2; the flash services PMI was 49.7 versus 41.0; the flash composite was 49.8 versus 42.8.
January German PPI was +1.4% versus consensus of +0.8%; the February flash manufacturing PMI was 60.6 versus 56.5; the flash services PMI was 45.9 versus 46.5; the flash composite PMI was 51.3 versus 50.5.
The February EU flash manufacturing PMI was 57.7 versus forecasts of 54.3; the flash services PMI was 44.7 versus 45.9; the flash composite PMI was 48.1 versus 48.0.
Hotel occupancy down 29% YoY.
The pandemic could contribute to higher inflation.
Rising expected inflation.
Four things to know about inflation in 2021.
US prices percolate with rising consumer spending.
Interest rates will continue to rise but don’t blame it on inflation.
Gundlach joins the bitcoin parade.
Rising yields are ringing the warning bell.
Real yields exploding.
How oil would behave in a commodity super cycle.
News on Stocks in Our Portfolios
AbbVie (NYSE:ABBV) declares $1.30/share quarterly dividend, in line with previous.
What I am reading today
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