Economic Blog
January 15, 2021
Macro Market Movers
Retail Sales Down | Daily Market Update
Our View on Financials Has Improved
Jobless Claims Higher | Daily Market Update
Small Business Optimism Falls to Recovery Low
Economic Blog
1/13/21
Rising COVID-19 cases and concern about the policy environment put a dent in small business optimism in the month of December, the index’s second straight monthly decline. As shown in the LPL Chart of the Day, the National Federation of Independent Business (NFIB) Small Business Optimism Index, a survey of more than 500 firms, declined in December to 95.9, falling below the long-term average index value since 1973 of 98. Further, 9 of the 10 index components declined, while only one—satisfaction with current inventory—managed to improve. Continue reading
Inflation Grew In December | Daily Market Update
Treasuries Hit Key Levels
Economic Blog
1/12/2021
Treasury yields hit two key levels the first week of 2021. As shown in the LPL Chart of the Day, the 10-year Treasury yield moved above 1% for the first time since March 2020, and the 10-year breakeven inflation rate, a measure of Treasury market-implied inflation expectations, climbed above 2% for the first time since November 2018. Continue reading
Treasury Yields Rising | Daily Market Update
2021 Policy Outlook Updates | Daily Market Update
Monday, January 11, 2021
Top Story
Stocks open modestly lower as investors reassess risk sentiment. Continue reading