Another preview of this week’s In Search of Green Marbles Podcast episode with our bond expert, @lwright_weiss , sharing his thoughts on the impacts that the digital age and instantaneous repricing of the #market had on the collapse of #SVB. The full episode will drop tomorrow.

https://t.co/wJK5ljrF7y

Powell Ready for House Testimony

February Data Has Flipped The Narrative

Markets will consider ignoring the very stale Fed minutes this afternoon, given the data that has followed.

With three weeks until the March NFP, five weeks until the next FOMC meeting, and the President’s Day Holiday on deck, markets are searching for direction.

Sellers Closing as Retail Sales Come In Strong

Nothing is ‘just right’

After a blowout NFP, Powell will likely walk back his comments from the press conference when he speaks next Tuesday

Yet again, I raised rates while I eased effective policy via the financial conditions channel ….. am I playing with fire?

https://t.co/bKFCfUJ9Eo

Markets contort to connect the dots

CPI Headline and Core Will Tell Different Stories This Week

Fed’s hands are full trying to weaken employment and wages

After a hawkish Dec FOMC, investors will search today’s minutes for dovish clues

Employment must weaken for the Fed to stop tightening, but so far jobs and wages remain strong

Bond market reacts to FOMC

Powell at this afternoon’s press conference: “We’re done when I say we’re done.”

Headline CPI will be lower, but Core CPI will be higher… Pass it on

Markets tip-toeing around next week’s data, into year-end