⚑ Joe Mac's ViewpointsEconomics & TradeMarketsMonetary Policy Stagflation at Best In Q1, the US economy contracted for the first time in almost two years. Simultaneously, the yield curve has sent…McAlinden Research PartnersMay 2, 2022
⚑ Joe Mac's Viewpoints⦁ Theme TrackerMonetary PolicyPolitics & PolicyⓈ Long-Dated Treasuries “Inflation is Much Too High”… Duh! As inflation threatens to breach the 8% mark in coming months, Federal Reserve officials have drastically revamped their policy response…McAlinden Research PartnersMarch 31, 2022
⚑ Joe Mac's ViewpointsCommoditiesEconomics & TradeMonetary PolicyPolitics & PolicyⓈ Long-Dated Treasuries Cutting Off the Punch Bowl If the economy were a party and the Fed its chaperone, the central bank has undoubtedly neglected its responsibilities. By…McAlinden Research PartnersFebruary 28, 2022
⚑ Joe Mac's Viewpoints⦁ Theme TrackerMarketsMonetary PolicyPolitics & PolicyⓈ Long-Dated Treasuries Bye Bye, Transitory Paired with a double dose of tapering, the FOMC’s latest updating of interest rate projections indicate a much more hawkish…McAlinden Research PartnersDecember 23, 2021
⚑ Joe Mac's Viewpoints⦁ Theme TrackerCommoditiesEconomics & TradeMonetary PolicyPolitics & PolicyⓈ Long-Dated Treasuries The Roaring (Inflation) ‘20s Despite growth in the Fed’s preferred gauge of inflation exceeding 3.0% for six consecutive months, a rise unlikely to peak…McAlinden Research PartnersNovember 3, 2021
★ Daily Intelligence Briefings (DIBs)Economics & TradeMarketsServices Retailers Set for Strong Revenues as Holiday Season Nears, Supply Struggles Inflate Price Tags As holiday season rapidly approaches, major retailers are forecasting higher costs and empty shelves due to relentless supply side disruptions.…McAlinden Research PartnersOctober 7, 2021
⚑ Joe Mac's Viewpoints⦁ Theme TrackerⓁ Travel & LeisureⓈ Long-Dated Treasuries Looking Through the Third Wave A third wave of COVID-19 slammed the US economy throughout the summer months, but new case numbers appear to have…McAlinden Research PartnersOctober 6, 2021
★ Daily Intelligence Briefings (DIBs)⦁ Theme TrackerCommoditiesⓁ Agricultural CommoditiesMarketsTechnology Food Inflation Fueled by Worsening Water Shortages, Continued Cybersecurity Concerns Agricultural commodity futures, as well as prices for beef and poultry, have been steadily climbing this year and may be…McAlinden Research PartnersSeptember 23, 2021
⚑ Joe Mac's Viewpoints⦁ Theme TrackerCommoditiesEconomics & TradeⓁ Agricultural CommoditiesMarketsMonetary PolicyⓈ Long-Dated Treasuries Inflation & Valuation Traditionally, multiples like price to earnings ratios (P/Es) run inverse to inflation data. That balance has been completely upended over…McAlinden Research PartnersSeptember 2, 2021
⚑ Joe Mac's Viewpoints⦁ Theme TrackerMonetary PolicyPolitics & PolicyⓈ Long-Dated Treasuries Jay’s Jedi Mind Trick Despite being consistently wrong on inflation throughout all of 2021, Fed Chair Jerome Powell and other policymakers at the Fed…McAlinden Research PartnersJuly 30, 2021