Japan PPI, AKA Corporate Goods Price Index:
+2.7% y/y
- expected +2.5%, prior +2.7%
+0.3% m/m
- expected +0.1%, prior -0.2%
Japan PPI, AKA Corporate Goods Price Index:
+2.7% y/y
+0.3% m/m
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US card spending up 2.4% YoY in Oct, driven by Boomers. Retail transactions down, signaling inflation. Gen X holds $9.6K avg debt.
China's robotics stocks surge 60% then drop 20% on bubble fears; P/E 58x vs. 32x tech index.
Mortgage rates dip to 6.00% (30-yr fixed), nearing 5% territory. Refi rates slightly higher. Traders eye housing market.
Money market rates dip to 0.59% avg, but top accounts hit 4%+ APY. Lock in gains now before rates fall further!
Fed rate cuts push CD rates down! Lock in 4.1% APY now or miss out. Online banks lead with short-term yields.
HELOC rates hover near 7.64%, offering access to $36T home equity. Intro rates as low as 5.99% exist, but watch variable rate hikes.
Governments eye $80T+ wealth transfer for debt. Expect incentives for bonds or potential wealth taxes. Risk of private investment squeeze.
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