{"id":47416,"date":"2024-01-18T07:46:04","date_gmt":"2024-01-18T07:46:04","guid":{"rendered":"https:\/\/thepatientinvestor.com\/?p=47416"},"modified":"2024-01-18T22:20:05","modified_gmt":"2024-01-18T22:20:05","slug":"more-signs-of-us-resilience","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2024\/01\/18\/more-signs-of-us-resilience\/","title":{"rendered":"More signs of US resilience"},"content":{"rendered":"

Real retail sales continue to grow at above trend (dotted line below), showing little impact from higher interest rates.<\/p>\n

\"Real<\/p>\n

CSBS community bank survey shows a strong up-turn in business conditions in the second half of last year.<\/p>\n

\"CSBS<\/p>\n

The latest Fed Beige Book report is also more upbeat:<\/p>\n

The snow may cover the ground, but the signs from the Beige Book suggest the Federal Reserve districts are pretty happy with the economy and remain concerned about inflation. Textual analysis of today\u2019s report showed a clear rise in focus on prices and a positive assessment of the US economy. On the basis of the apparent message from today\u2019s report, expectations of rate cuts in H1 2024 may be wound back. ~ Meyrick Chapman<\/p><\/blockquote>\n

Conclusion<\/h2>\n

We no longer expect a recession before the November 2024 presidential elections.<\/p>\n

Acknowledgements<\/h4>\n

Meyrick Chapman, Hedge Analytics Ltd: Beige Book – Inflation & Growth Rise Again<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Real retail sales continue to grow at above trend (dotted line below), showing little impact from higher interest rates. CSBS community bank survey shows a strong up-turn in business conditions in the second half of last year. The latest Fed Beige Book report is also more upbeat: The snow may cover the ground, but the … <\/p>\n

Continue reading “More signs of US resilience”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3761,34],"tags":[6250,6251,5477],"class_list":["post-47416","post","type-post","status-publish","format-standard","hentry","category-gdp-and-activity","category-us-canada-countries-regions","tag-csbs-financial-conditions-index","tag-fed-beige-book","tag-real-retail-sales"],"yoast_head":"\nMore signs of US resilience - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"More signs of US resilience - the patient investor\" \/>\n<meta property=\"og:description\" content=\"Real retail sales continue to grow at above trend (dotted line below), showing little impact from higher interest rates. CSBS community bank survey shows a strong up-turn in business conditions in the second half of last year. The latest Fed Beige Book report is also more upbeat: The snow may cover the ground, but the … Continue reading "More signs of US resilience"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thepatientinvestor.com\/index.php\/2024\/01\/18\/more-signs-of-us-resilience\/\" \/>\n<meta property=\"og:site_name\" content=\"the patient investor\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/profile.php?id=61572934660810\" \/>\n<meta property=\"article:author\" content=\"https:\/\/facebook.com\/people\/The-Patient-Investor\/61572934660810\/\" \/>\n<meta property=\"article:published_time\" content=\"2024-01-18T07:46:04+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-01-18T22:20:05+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.incrediblecharts.com\/images\/2024\/2024-01-18-retail.png\" \/>\n<meta name=\"author\" content=\"Colin Twiggs\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Colin Twiggs\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2024\/01\/18\/more-signs-of-us-resilience\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2024\/01\/18\/more-signs-of-us-resilience\/\"},\"author\":{\"name\":\"Colin Twiggs\",\"@id\":\"https:\/\/thepatientinvestor.com\/#\/schema\/person\/d42b18d516a80149d739845749ac6454\"},\"headline\":\"More signs of US resilience\",\"datePublished\":\"2024-01-18T07:46:04+00:00\",\"dateModified\":\"2024-01-18T22:20:05+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2024\/01\/18\/more-signs-of-us-resilience\/\"},\"wordCount\":152,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2024\/01\/18\/more-signs-of-us-resilience\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.incrediblecharts.com\/images\/2024\/2024-01-18-retail.png\",\"keywords\":[\"CSBS Financial Conditions Index\",\"Fed Beige Book\",\"Real Retail Sales\"],\"articleSection\":[\"GDP and Activity\",\"US & Canada\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/thepatientinvestor.com\/index.php\/2024\/01\/18\/more-signs-of-us-resilience\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2024\/01\/18\/more-signs-of-us-resilience\/\",\"url\":\"https:\/\/thepatientinvestor.com\/index.php\/2024\/01\/18\/more-signs-of-us-resilience\/\",\"name\":\"More signs of US resilience - the patient investor\",\"isPartOf\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2024\/01\/18\/more-signs-of-us-resilience\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2024\/01\/18\/more-signs-of-us-resilience\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.incrediblecharts.com\/images\/2024\/2024-01-18-retail.png\",\"datePublished\":\"2024-01-18T07:46:04+00:00\",\"dateModified\":\"2024-01-18T22:20:05+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2024\/01\/18\/more-signs-of-us-resilience\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/thepatientinvestor.com\/index.php\/2024\/01\/18\/more-signs-of-us-resilience\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2024\/01\/18\/more-signs-of-us-resilience\/#primaryimage\",\"url\":\"https:\/\/www.incrediblecharts.com\/images\/2024\/2024-01-18-retail.png\",\"contentUrl\":\"https:\/\/www.incrediblecharts.com\/images\/2024\/2024-01-18-retail.png\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2024\/01\/18\/more-signs-of-us-resilience\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/thepatientinvestor.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"More signs of US resilience\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/thepatientinvestor.com\/#website\",\"url\":\"https:\/\/thepatientinvestor.com\/\",\"name\":\"The Patient Investor\",\"description\":\"Smart. Strategic. Unfiltered. \",\"publisher\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/thepatientinvestor.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/thepatientinvestor.com\/#organization\",\"name\":\"The Patient Investor Pty Ltd\",\"url\":\"https:\/\/thepatientinvestor.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/thepatientinvestor.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/i0.wp.com\/thepatientinvestor.com\/wp-content\/uploads\/2026\/03\/cropped-cropped-patience-bg-1-inverted-400x400-1.png?fit=250%2C250&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/thepatientinvestor.com\/wp-content\/uploads\/2026\/03\/cropped-cropped-patience-bg-1-inverted-400x400-1.png?fit=250%2C250&ssl=1\",\"width\":250,\"height\":250,\"caption\":\"The Patient Investor Pty Ltd\"},\"image\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/profile.php?id=61572934660810\",\"https:\/\/www.instagram.com\/colin_thepatientinvestor\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/thepatientinvestor.com\/#\/schema\/person\/d42b18d516a80149d739845749ac6454\",\"name\":\"Colin Twiggs\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/secure.gravatar.com\/avatar\/29a4e13250381b203ea835108c2d5eee4947439713c271ae5ba60afb53194432?s=96&d=mm&r=g\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/29a4e13250381b203ea835108c2d5eee4947439713c271ae5ba60afb53194432?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/29a4e13250381b203ea835108c2d5eee4947439713c271ae5ba60afb53194432?s=96&d=mm&r=g\",\"caption\":\"Colin Twiggs\"},\"description\":\"Colin Twiggs is a former investment banker with almost 40 years of experience in financial markets. He co-founded Incredible Charts and writes the popular Trading Diary and Patient Investor newsletters. Using a top-down approach, Colin identifies key macro trends in the global economy before evaluating selected opportunities using a combination of fundamental and technical analysis. Focusing on interest rates and financial market liquidity as primary drivers of the economic cycle, he warned of the 2008\/2009 and 2020 bear markets well ahead of actual events. He founded PVT Capital (AFSL No. 546090) in May 2023, which offers investment strategy and advice to wholesale clients.\",\"sameAs\":[\"https:\/\/facebook.com\/people\/The-Patient-Investor\/61572934660810\/\",\"https:\/\/www.instagram.com\/colin_thepatientinvestor\",\"https:\/\/au.linkedin.com\/in\/colintwiggs\"],\"url\":\"https:\/\/thepatientinvestor.com\/index.php\/author\/investor\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"More signs of US resilience - the patient investor","robots":{"index":"noindex","follow":"follow"},"og_locale":"en_US","og_type":"article","og_title":"More signs of US resilience - the patient investor","og_description":"Real retail sales continue to grow at above trend (dotted line below), showing little impact from higher interest rates. CSBS community bank survey shows a strong up-turn in business conditions in the second half of last year. The latest Fed Beige Book report is also more upbeat: The snow may cover the ground, but the … Continue reading \"More signs of US resilience\"","og_url":"https:\/\/thepatientinvestor.com\/index.php\/2024\/01\/18\/more-signs-of-us-resilience\/","og_site_name":"the patient investor","article_publisher":"https:\/\/www.facebook.com\/profile.php?id=61572934660810","article_author":"https:\/\/facebook.com\/people\/The-Patient-Investor\/61572934660810\/","article_published_time":"2024-01-18T07:46:04+00:00","article_modified_time":"2024-01-18T22:20:05+00:00","og_image":[{"url":"https:\/\/www.incrediblecharts.com\/images\/2024\/2024-01-18-retail.png","type":"","width":"","height":""}],"author":"Colin Twiggs","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Colin Twiggs","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/thepatientinvestor.com\/index.php\/2024\/01\/18\/more-signs-of-us-resilience\/#article","isPartOf":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2024\/01\/18\/more-signs-of-us-resilience\/"},"author":{"name":"Colin Twiggs","@id":"https:\/\/thepatientinvestor.com\/#\/schema\/person\/d42b18d516a80149d739845749ac6454"},"headline":"More signs of US resilience","datePublished":"2024-01-18T07:46:04+00:00","dateModified":"2024-01-18T22:20:05+00:00","mainEntityOfPage":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2024\/01\/18\/more-signs-of-us-resilience\/"},"wordCount":152,"commentCount":0,"publisher":{"@id":"https:\/\/thepatientinvestor.com\/#organization"},"image":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2024\/01\/18\/more-signs-of-us-resilience\/#primaryimage"},"thumbnailUrl":"https:\/\/www.incrediblecharts.com\/images\/2024\/2024-01-18-retail.png","keywords":["CSBS Financial Conditions Index","Fed Beige Book","Real Retail Sales"],"articleSection":["GDP and Activity","US & Canada"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/thepatientinvestor.com\/index.php\/2024\/01\/18\/more-signs-of-us-resilience\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/thepatientinvestor.com\/index.php\/2024\/01\/18\/more-signs-of-us-resilience\/","url":"https:\/\/thepatientinvestor.com\/index.php\/2024\/01\/18\/more-signs-of-us-resilience\/","name":"More signs of US resilience - the patient investor","isPartOf":{"@id":"https:\/\/thepatientinvestor.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2024\/01\/18\/more-signs-of-us-resilience\/#primaryimage"},"image":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2024\/01\/18\/more-signs-of-us-resilience\/#primaryimage"},"thumbnailUrl":"https:\/\/www.incrediblecharts.com\/images\/2024\/2024-01-18-retail.png","datePublished":"2024-01-18T07:46:04+00:00","dateModified":"2024-01-18T22:20:05+00:00","breadcrumb":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2024\/01\/18\/more-signs-of-us-resilience\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/thepatientinvestor.com\/index.php\/2024\/01\/18\/more-signs-of-us-resilience\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/thepatientinvestor.com\/index.php\/2024\/01\/18\/more-signs-of-us-resilience\/#primaryimage","url":"https:\/\/www.incrediblecharts.com\/images\/2024\/2024-01-18-retail.png","contentUrl":"https:\/\/www.incrediblecharts.com\/images\/2024\/2024-01-18-retail.png"},{"@type":"BreadcrumbList","@id":"https:\/\/thepatientinvestor.com\/index.php\/2024\/01\/18\/more-signs-of-us-resilience\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/thepatientinvestor.com\/"},{"@type":"ListItem","position":2,"name":"More signs of US resilience"}]},{"@type":"WebSite","@id":"https:\/\/thepatientinvestor.com\/#website","url":"https:\/\/thepatientinvestor.com\/","name":"The Patient Investor","description":"Smart. Strategic. Unfiltered. ","publisher":{"@id":"https:\/\/thepatientinvestor.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/thepatientinvestor.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/thepatientinvestor.com\/#organization","name":"The Patient Investor Pty Ltd","url":"https:\/\/thepatientinvestor.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/thepatientinvestor.com\/#\/schema\/logo\/image\/","url":"https:\/\/i0.wp.com\/thepatientinvestor.com\/wp-content\/uploads\/2026\/03\/cropped-cropped-patience-bg-1-inverted-400x400-1.png?fit=250%2C250&ssl=1","contentUrl":"https:\/\/i0.wp.com\/thepatientinvestor.com\/wp-content\/uploads\/2026\/03\/cropped-cropped-patience-bg-1-inverted-400x400-1.png?fit=250%2C250&ssl=1","width":250,"height":250,"caption":"The Patient Investor Pty Ltd"},"image":{"@id":"https:\/\/thepatientinvestor.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/profile.php?id=61572934660810","https:\/\/www.instagram.com\/colin_thepatientinvestor"]},{"@type":"Person","@id":"https:\/\/thepatientinvestor.com\/#\/schema\/person\/d42b18d516a80149d739845749ac6454","name":"Colin Twiggs","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/29a4e13250381b203ea835108c2d5eee4947439713c271ae5ba60afb53194432?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/29a4e13250381b203ea835108c2d5eee4947439713c271ae5ba60afb53194432?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/29a4e13250381b203ea835108c2d5eee4947439713c271ae5ba60afb53194432?s=96&d=mm&r=g","caption":"Colin Twiggs"},"description":"Colin Twiggs is a former investment banker with almost 40 years of experience in financial markets. He co-founded Incredible Charts and writes the popular Trading Diary and Patient Investor newsletters. Using a top-down approach, Colin identifies key macro trends in the global economy before evaluating selected opportunities using a combination of fundamental and technical analysis. Focusing on interest rates and financial market liquidity as primary drivers of the economic cycle, he warned of the 2008\/2009 and 2020 bear markets well ahead of actual events. He founded PVT Capital (AFSL No. 546090) in May 2023, which offers investment strategy and advice to wholesale clients.","sameAs":["https:\/\/facebook.com\/people\/The-Patient-Investor\/61572934660810\/","https:\/\/www.instagram.com\/colin_thepatientinvestor","https:\/\/au.linkedin.com\/in\/colintwiggs"],"url":"https:\/\/thepatientinvestor.com\/index.php\/author\/investor\/"}]}},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p9tQ4n-ckM","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":43094,"url":"https:\/\/thepatientinvestor.com\/index.php\/2023\/07\/19\/us-consumers-spend-while-economy-slows\/","url_meta":{"origin":47416,"position":0},"title":"US consumers spend while economy slows","author":"Colin Twiggs","date":"July 19, 2023","format":false,"excerpt":"Real retail sales show no growth over the past two years but remain above their pre-pandemic trend (dotted line below). Continued claims for unemployment are declining. Real disposable personal income is growing, further enhanced by cost-of-living adjustments to social welfare. The blue line below includes transfer receipts from government welfare\u2026","rel":"","context":"In "GDP and Activity"","block_context":{"text":"GDP and Activity","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/gdp-and-activity\/"},"img":{"alt_text":"Real Retail Sales","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2023\/2023-07-18-real-retail.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2023\/2023-07-18-real-retail.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2023\/2023-07-18-real-retail.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":44740,"url":"https:\/\/thepatientinvestor.com\/index.php\/2023\/10\/18\/strong-us-retail-activity-unlikely-to-last\/","url_meta":{"origin":47416,"position":1},"title":"Strong US retail activity unlikely to last","author":"Colin Twiggs","date":"October 18, 2023","format":false,"excerpt":"Real retail sales remain strong, holding above the pre-pandemic trend (dotted line) in September. Supported by a strong jobs market, with low unemployment. The labor market remains tight, with employers holding on to staff -- cutting weekly hours rather than resorting to layoffs. The consumer sentiment trough in June 2022\u2026","rel":"","context":"In "Deficit Spending & Employment"","block_context":{"text":"Deficit Spending & Employment","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/deficit-spending-employment\/"},"img":{"alt_text":"Real Retail Sales","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2023\/2023-10-18-realretail.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2023\/2023-10-18-realretail.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2023\/2023-10-18-realretail.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":26853,"url":"https:\/\/thepatientinvestor.com\/index.php\/2021\/07\/15\/ppi-and-beige-book-warn-of-broad-based-price-increases\/","url_meta":{"origin":47416,"position":2},"title":"PPI and Beige Book warn of broad-based price increases","author":"Colin Twiggs","date":"July 15, 2021","format":false,"excerpt":"Producer prices surged, with broad PPI (all commodities) jumping to 19.5% on a year-on-year basis, while the retail-oriented final demand PPI index climbed 7.1%. Price increases are accelerating, with 6-month measures growing at annualized rates of 29.9% (all commodities) and 10.6% (final demand). Such high PPI readings have not been\u2026","rel":"","context":"In "Banks & Interest Rates"","block_context":{"text":"Banks & Interest Rates","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/the-fed-banks-interest-rates\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":40695,"url":"https:\/\/thepatientinvestor.com\/index.php\/2023\/02\/02\/fed-hikes-but-bonds-and-stocks-rise\/","url_meta":{"origin":47416,"position":3},"title":"Fed hikes but bonds and stocks rise","author":"Colin Twiggs","date":"February 2, 2023","format":false,"excerpt":"The Fed announced a 25 basis point hike in the Fed funds rate. Chairman Jerome Powell, at the post-meeting news conference, observed: \u201cInflation data received over the past three months show a welcome reduction in the monthly pace of increases. And while recent developments are encouraging, we will need substantially\u2026","rel":"","context":"In "Banks & Interest Rates"","block_context":{"text":"Banks & Interest Rates","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/the-fed-banks-interest-rates\/"},"img":{"alt_text":"10-Year Treasury Yield","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2023\/2023-02-02-10y.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2023\/2023-02-02-10y.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2023\/2023-02-02-10y.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":49252,"url":"https:\/\/thepatientinvestor.com\/index.php\/2024\/03\/01\/core-pce-surprise-jump\/","url_meta":{"origin":47416,"position":4},"title":"Core PCE surprise jump","author":"Colin Twiggs","date":"March 1, 2024","format":false,"excerpt":"Monthly core PCE -- the Fed's favorite measure of underlying inflation -- jumped by 0.416% or 5.0% annualized. Annual figures are still declining, including the Trimmed Mean PCE which declined to 3.2%. The 3-month (orange) and 6-month (gray) moving averages have turned upwards but not yet crossed the descending annual\u2026","rel":"","context":"In "Banks & Interest Rates"","block_context":{"text":"Banks & Interest Rates","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/the-fed-banks-interest-rates\/"},"img":{"alt_text":"Core PCE - Monthly","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-02-29-pce-core-m.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-02-29-pce-core-m.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-02-29-pce-core-m.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":43753,"url":"https:\/\/thepatientinvestor.com\/index.php\/2023\/08\/31\/job-openings-fall-but-some-sectors-still-booming\/","url_meta":{"origin":47416,"position":5},"title":"Job openings fall but some sectors still booming","author":"Colin Twiggs","date":"August 31, 2023","format":false,"excerpt":"Job openings declined to 8.8 million, narrowing the gap to near-record-low unemployment at 5.8 million. The labor market remains tight but the fall indicates that the economy is slowing. Declining quit rates tell a similar story: pressure is easing but the current high level indicates there is more to go\u2026","rel":"","context":"In "Banks & Interest Rates"","block_context":{"text":"Banks & Interest Rates","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/the-fed-banks-interest-rates\/"},"img":{"alt_text":"Job Openings & Unemployment","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2023\/2023-08-29-jolts-u3.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2023\/2023-08-29-jolts-u3.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2023\/2023-08-29-jolts-u3.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/47416","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/comments?post=47416"}],"version-history":[{"count":2,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/47416\/revisions"}],"predecessor-version":[{"id":47446,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/47416\/revisions\/47446"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=47416"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=47416"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=47416"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}