Greetings,
The United States: The upside surprise in core inflation was driven by housing and, to a lesser extent, travel-related sectors.
The rebound in refi activity has paused in recent weeks.
Equities: It’s relatively rare for the Nasdaq to be down more than 1% and then close up over 2%, as it did on CPI day.
The stock-bond correlation continues to move into negative territory.
Commodities: The platinum market is in deficit.
Energy: Jet fuel stockpiles are at multi-year highs.
Alternatives: This chart shows the growth of AI-related startups among Y Combinator companies.
Food for Thought: Limits of LLM training data from human-generated text:
Edited by William Villacis
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