Investment Weekly
Chart of the week – Cooling labour market
The December US CPI numbers were a timely reminder that inflation is not dead yet and that markets may be getting ahead of themselves in pricing a high chance that the Fed kicks off its easing cycle in March. But while recent jobs data has offered mixed signals on the direction of the US economy, a combination of improving inflation trends and lower wage growth should convince the Fed to ease policy from Q2.
More from this week:
Market Spotlight
- Outlook for Asian earnings
Lens on…
- Positioning for an election extravaganza
- Worth keeping European stocks on the radar
- Shipping disruption pushes up container costs