April 27, 2018
There are two pieces for you to read this week. The market has begun to worry about a 3.0% rate on the 10-year note. It has also noticed the recent sharp run-up in gasoline prices. It worries about a pickup in the rate of inflation which could become a catalyst for the Fed to raise rates more rapidly.
Should we worry? Not really, but these are clearly two factors to watch.
Also, our first look at first quarter GDP growth may be of interest. It came in at 2.3% which is not far from what economists had expected.
Stephen Slifer
NumberNomics
Charleston, S.C.
Follow Me