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Treasuries rallied, the dollar and equities fell after data showing stalling retail sales and a benign PPI.  All added to speculation that the Federal Reserve will be in rush to raise interest rates this year.  Gold and oil advanced....

Is the narrative about to change about the strength of the economy and inflationary pressures?  June’s core CPI rose by 0.2% for the third consecutive month, a rise from increased shelter costs.  The core CPI is now up 2.3% from June 2015, matching the largest...

June’s PPI rose by 0.5%, more than the forecasted 0.3% gain and the largest increase since May 2015.  April prices rose by 0.4%.  For the 12 months prices are up 0.3%, the biggest year to year gain since December 2014....

Is inflation increasing? The narrative has been myopically focused upon deflation for a myriad of reasons. Last week’s release of both the PPI and CPI indicated that inflation is perhaps accelerating....

Yesterday I referenced a Bloomberg wire story stating that during the last ten days the cross correlated trades that has been prevalent during the last 16 months is collapsing. Yesterday the trend appeared to be continuing. Is there a tectonic shift taking place in the...

Stocks rallied yesterday as Treasuries tumbled as data suggested a resilient consumer.  Retail sales is suggesting third quarter growth can be potentially around 3.0%.  The two year treasury or the treasury most sensitive to monetary policy rose to the highest level since 2011.

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