What Credit Spreads Are Saying About the Economy

What’s in Today’s Report: What Credit Spreads Are Saying About the Economy

Tom Essaye Quote in Barron’s on June 30th, 2023

Futures are moderately higher mostly on momentum and end of quarter/half positioning, as economic data overnight was mixed…said Tom Essaye.

Sevens Report Co-Editor, Tyler Richey, Quoted in Morningstar on June 29th, 2023

Oil prices notch back-to-back gains a day after data reveal a hefty drop in U.S. crude supplies The EIA’s report showed the four-week moving average of gasoline supplied, a proxy for demand, rising to the highest level since November 2021. That strong consumer demand trend is one of the reasons why WTI oil hasn’t dropped […]

Tom Essaye Quoted in Barron’s on June 30th, 2023

The 23 largest banks in the U.S. passed the Fed’s annual stress tests, and…Tom Essaye, founder of research firm Sevens Reports, wrote.

Why Economic Data Will Decide if the Rally Continues in 2H ’23

What’s in Today’s Report: Why economic data will decide if the rally continues in 2H ‘23, Weekly market preview, and more…

Is “No Landing” Back?

What’s in Today’s Report: Is “No Landing” back? Why Thursday’s data was positive for the “Growth On” basket, and more…

Tom Essaye Quoted in MarketWatch on June 28th, 2023

If the current Fed is listening to Bernanke (and I imagine they are), then the Fed may be more focused on unemployment than…says Essaye.