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US Q1 GDP Falls To 0.6%, Treasury 10Y-2Y Curve Flattens and Commodity Prices UP 52% Under Biden (Ports Still Clogged) – Investment Watch

by IWB
February 26, 2022
in Investing
Reading Time: 4 mins read
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by confoundedinterest17

Russia remains to be attacking Ukraine and I’m nonetheless seeing tales about actor/comic Bob Saget’s reason behind loss of life. So now for one thing fully completely different.

After final week’s Private Consumption Expenditures, GDP and new residence gross sales studies, the Atlanta Fed’s GDPNow actual GDP estimate for Q1 shriveled to 0.6%.

US Q1 GDP Falls To 0.6%, Treasury 10Y-2Y Curve Flattens and Commodity Prices UP 52% Under Biden (Ports Still Clogged) – Investment Watch

The US Treasury yield curve? It’s flattening quickly because it sometimes does previous to a recession.

Commodities? Commodity costs are UP 52% beneath Biden. And that features costs dropping barely from 2/24 to 2/25.

After which there’s common port delays in US ports. Hey, I assumed Mayor Pete the port Czar was purported to unclog the ports!

Hopefully this coming week shall be higher! Notably for the Ukrainian folks.

 

 



















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Tags: 10Y2YBidenCloggedCommodityCurveFallsFlattensGDPInvestmentPortsPricesTreasuryWatch
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