Economic Data & Inflation: Tom Essaye Quoted in Barron’s
Focus will be on economic data and if data is ‘Goldilocks’ like we saw on Thursday, expect a continuation of…writes Tom Essaye.
Author Archive for: Customer Service
Entries by Customer Service
Stocks Pop in Relief Rally
Sevens Report Research’s Tom Essaye told Barron’s he believes the market is experiencing a form of a relief rally as stocks pop.
China Stimulus: Tom Essaye Quoted in Barron’s
“China cut bank reserve requirements by 25 basis points in the latest step to help support the Chinese economy. And there are signs these measures are starting to have an impact,” said Tom Essaye, founder of Sevens Report Research.
Oil Futures End Lower
Oil Futures Drop on Demand Concerns as U.S. inflation figures prompt concerns of a ‘higher for longer’ Fed policy rate, said Tyler Richey.
Economic Indicators: U.K. GDP Drop and EU Industrial Production
Tom Essaye, founder of Sevens Report Research, highlights recent economic shifts. U.K. GDP drops after strong wage data, while EU Industrial Production declines. Rates markets maintain a 75% likelihood of an ECB rate hike this week.
CPI’s Influence on Market Dynamics: A Closer Look
Tom Essaye, founder of The Sevens Report, unravels how the Consumer Price Index (CPI) influences market dynamics, potentially affecting a more hawkish Fed and stocks.
Oil Market Analysis: Potential Pullback Amidst Upward Trend
Delve into the analysis from Sevens Report Research, shedding light on the robustness of global oil demand driving the market to new highs. While the market displays an upward trend, caution flags are raised as futures reach overextended levels, signaling a potential profit-taking pullback.
CPI Impacts Two of The Three Pillars of The Rally
CPI impacts two of the three pillars of the rally: disinflation and expectation the Fed is done with rate hikes,” Essaye noted.
Tech Shares Have Been Driving The Major Stock Indices So Far This Week
Tech shares have been driving the major stock indices so far this week, as focus turns ahead to CPI tomorrow, Essaye writes.
CPI remains the most important monthly economic metric
CPI remains the most important monthly economic metric for the simple reason that if CPI does not continue to decline, markets will have to price in a more hawkish Fed.