US Q1 GDP Falls To 0.6%, Treasury 10Y-2Y Curve Flattens and Commodity Costs UP 52% Underneath Biden (Ports Nonetheless Clogged) – Funding Watch

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by confoundedinterest17

Russia continues to be attacking Ukraine and I’m nonetheless seeing tales about actor/comic Bob Saget’s explanation for dying. So now for one thing utterly completely different.

After final week’s Private Consumption Expenditures, GDP and new house gross sales reviews, the Atlanta Fed’s GDPNow actual GDP estimate for Q1 shriveled to 0.6%.

US Q1 GDP Falls To 0.6%, Treasury 10Y-2Y Curve Flattens and Commodity Costs UP 52% Underneath Biden (Ports Nonetheless Clogged) – Funding Watch

The US Treasury yield curve? It’s flattening quickly because it sometimes does previous to a recession.

Commodities? Commodity costs are UP 52% below Biden. And that features costs dropping barely from 2/24 to 2/25.

After which there may be common port delays in US ports. Hey, I believed Mayor Pete the port Czar was presupposed to unclog the ports!

Hopefully this coming week will probably be higher! Significantly for the Ukrainian individuals.

 

 

















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