Newsflash

11 May

10:00

China's April CPI +0.3% y/y (vs. +0.1% expected) and PPI -2.5% (expected -2.3%)

04:52

US major indices close mixed with Nasdaq modestly lower. Dow up for 8th day in a row

03:51

What company earnings will be released in the week starting May 13

02:47

What key economic events the releases are on the schedule starting May 13?

02:19

Goolsbee and Kashkari:

02:00

US federal budget for April surplus $210.00 billion versus $244 billion estimate

01:18

Enter the Wasteland: Survive & Thrive in a Post-Apocalyptic Playground with DECIMATED

01:14

Chicago Fed Pres. Goolsbee: Feds inflation target acts as an anchor on expectations

01:07

Baker Hughes oil rig count -3 to 496.

01:00

Fed's Kashkari and Goolsbee are ahead

00:52

The godfather of quants dies: Jim Simons dead at 86

00:47

McDonalds is preparing a $5 deal meal promotion

00:10

MUFG trade of the week: Buy EUR/USD

00:07

Population growth drove the Canadian jobs surprise -- CIBC

10 May

23:48

Why the bond market might be overreacting to rising UMich inflation expectations

Calendar

15 May

Wage Price Index q/q

0.8 Forecast(0.9 Previous)

Wage Price Index y/y

4.6 Forecast(4.2 Previous)

Imports y/y

5.4 Forecast(5.4 Previous)

Exports y/y

13.8 Forecast(13.8 Previous)

Trade Balance

1.5B Forecast(1.5B Previous)

HICP y/y

2.4 Forecast(2.4 Previous)

HICP m/m

0.6 Forecast(0.6 Previous)

CPI y/y

2.2 Forecast(2.2 Previous)

CPI m/m

0.5 Forecast(0.5 Previous)

Employment Level

0 Forecast(167.5M Previous)

GDP q/q

0 Forecast(0 Previous)

GDP y/y

0 Forecast(0 Previous)

Employment Change q/q

0.2 Forecast(0.3 Previous)

Employment Change y/y

1.1 Forecast(1.2 Previous)

Industrial Production y/y

-1.8 Forecast(-6.4 Previous)

Industrial Production m/m

0.2 Forecast(0.8 Previous)

30-Year Bond Auction

0 Forecast(51.11 Previous)

Official Reserve Assets

0 Forecast(1214.9B Previous)

BCB IBC-Br Economic Activity

0.1 Forecast(0.4 Previous)

CMHC Housing Starts

247.4K Forecast(242.1K Previous)

Core Retail Sales m/m

0.2 Forecast(1.1 Previous)

CPI n.s.a.

314.34 Forecast(312.332 Previous)

Real Earnings m/m

0 Forecast(0.3 Previous)

Core CPI y/y

3.6 Forecast(3.8 Previous)

CPI y/y

3.1 Forecast(3.5 Previous)

CPI

312.582 Forecast(312.23 Previous)

Core CPI n.s.a.

0 Forecast(317.088 Previous)

Core CPI n.s.a. m/m

0 Forecast(0.5 Previous)

CPI n.s.a. m/m

0 Forecast(0.6 Previous)

Retail Sales y/y

3.5 Forecast(4 Previous)

Core CPI m/m

0.3 Forecast(0.4 Previous)

CPI m/m

0.2 Forecast(0.4 Previous)

Core CPI

317.192 Forecast(316.698 Previous)

NY Fed Empire State Manufacturing Index

-6.9 Forecast(-14.3 Previous)

Retail Control m/m

0.4 Forecast(1.1 Previous)

Manufacturing Sales m/m

-0.1 Forecast(0.7 Previous)

Retail Sales m/m

0.1 Forecast(0.7 Previous)

Retail Sales excl. Autos and Gas m/m

0.5 Forecast(1 Previous)

Retail Inventories m/m

0.3 Forecast(0.3 Previous)

Retail Inventories excl. Autos m/m

0 Forecast(-0.1 Previous)

Business Inventories m/m

0.1 Forecast(0.4 Previous)

NAHB Housing Market Index

46 Forecast(51 Previous)

Cleveland Fed Median CPI m/m

0.5 Forecast(0.4 Previous)

3 things Wall Street got wrong in 2023: Recession, bearishness, China

Yahoo Finance · 02 Jan 6.4K Views

As the Federal Reserve's interest rates and inflation outlooks appear more hopeful heading into 2024, Wall Street seems to have misfired on certain calls this year. Yahoo Finance's Madison Mills breaks down the top three biggest themes and forecasts Wall Street got wrong in 2023, including calls for a recession, bearish sentiments, and China's economic recovery.

Reprinted from Yahoo Finance, all rights reserved by the original authors.

NFP FOMC Fed United States

Recommend