Entries by Meraki Global Advisors

Retail Sales/ Consumer Credit/ Housing Prices/ Indices/ Small Business Outlook

Valentine’s Day brought a disappointing Retail Sales report from the US Census Bureau, with a notable miss in the Control Group—1.1% below expectations. This metric feeds into key macro indices, and its impact was quickly reflected in the Atlanta Fed’s GDP Now estimate, which was revised down from +2.9% to +2.3% for Q1. With half the quarter still ahead, this adjustment is worth watching.

India/ Crypto/ Employment

India Since late September 2024, India’s NIFTY Index has fallen nearly -13%. According to one broker’s research, current market sentiment makes for an interesting entry point: Although the Sentiment metric above looks pretty good, we thought looking at a forward multiple might shed more light on the timing accuracy. The Index is currently at a […]

CPI & 10Yr./ Employment

CPI & 10yr.

Occasionally, it’s nice to look back at some older charts or metrics that used to be in greater focus, just to review. One that caught our eye recently is the correlation between US CPI and both the 10yr TSY as well as the 2yr TSY.

Employment & Rates/ Tariffs

Employment & Rates Still undefeated in signaling a US Recession? It’s an interesting thought considering some of the Economic data reported this week. NFP came in strongly above expectations today, as well as JOLTS earlier in the week showing better Job openings than expected. The level of the 10yr TSY and the GDP YoY should […]

Performance/ Inflation

Performance As the year came to a close we thought offering a brief summation of performance metrics might help with perspective. MS PB Performance estimates: The market managed to complete the year without having a double digit draw down. Inflation A potential concern heading into the new year is the delayed impact to the lower […]