From Zacks: For investors seeking momentum, iShares TIPS Bond ETF TIP is probably on radar now. The fund just hit a 52-week high, and is up 5.8% from its 52-week low price of $107.53 per share.
From Bryce Coward, CFA: In light of Fed Chairman Powell’s congressional testimony, we thought it relevant to revisit the inflation story and provide yet more evidence that the trend in inflation continues to be higher.
From Zacks: Growing inflationary pressures are bothering Americans as cost of living in the United States has risen steadily on higher gas prices. This is especially true given that inflation has been trending above the Fed’s 2% target over the past few months.
From Jill Mislinski: The Consumer Price Index for Urban Consumers (CPI-U) released yesterday puts the year-over-year inflation rate at 2.46%. It is substantially below the 3.76% average since the end of the Second World War and above its 10-year moving average, now at 1.64%.
From Lance Gaitan: Stock market volatility was front and center last week, mainly because of President Trump’s proposed tariffs and China’s retaliatory threats.
From Invesco: The US Department of Labor reported March 13 that the overall consumer price index (CPI) and core CPI, which excludes the volatile food and energy sectors, each rose 0.2% in February, in line with market expectations and Invesco Fixed Income’s forecasts.
From Zacks: Low volatility and high dividend funds come to our minds every time we hear the words ‘safe haven’. However, that does not seem to be the case in 2018, as the traditional safe haven funds are not living up to investor expectations of protecting them from the wrath of a market correction.
From BlackRock: A synchronized rise in global inflation expectations is fueling higher bond yields, and we see actual inflation running hotter in the U.S. than in Europe and Japan. Richard Turnill explains the implications for our views on inflation-linked bonds.
From Jill Mislinski: The BEA’s Personal Consumption Expenditures Chain-type Price Index for November, released yesterday, shows that core inflation remains below the Federal Reserve’s 2% long-term target at 1.48%.
From Chris Kimble: The Fed raised rates this week, but was it necessary for them to do that? Humbly, the answer will come in time.
From Invesco: Last week saw a focus on the topic of inflation. The minutes from the most recent Federal Open Market Committee (FOMC) meeting, released last week, showed that a number of FOMC participants are rethinking whether current low inflation is as transitory as they originally posited.
From BlackRock: The Inflation GPS incorporates big data on price trends and a daily-updated “nowcast” of inflation-related statistics to give a read on where core inflation is headed in major economies. Jean Boivin explains.
From Gary Tanashian: At NFTRH, we are about major macro turning points above all else. Of course, it is often years between these turning points or points of significant change so we are also about the here and now, and managing the trends, Old Turkey style.*
From WisdomTree: In the midst of everything else that is making headlines in Washington, D.C., of late, one of the more interesting story lines concerns who the next Federal Reserve (Fed) chair will be.
From BlackRock: Contrasting inflation outlooks in the U.S. and eurozone suggest further monetary policy divergence, creating opportunities for investors. Richard Turnill explains.