Will the Fed cut rates before an election?

Of course they would…if they need to.

And they have.

See rate cuts in 2008, 1992, 1984, 1980, 1976

MARCH CPI

Core CPI +.36% MOM

The big driver of the hotter-than-expected number is - once again - motor vehicle insurance.

Car insurance + shelter = 70% of Core Service inflation.

Goods deflation returned -.04% MOM.

Not many sports stories are big enough for The Wall Street Journal to send as a news alert to subscribers.

This one is:

Good luck Seth Trimble, thank you for everything

I'm a forever fan 🥹

#goheels

x.com/InsideCarolina…

I’m the most productive when I’m stuck in a metal tube high in the air, AMA

US households are growing more concerned about the possibility of job loss.

Big week.

Big plans.

But first, a big sleep 😴

Abundant liquidity

No you see a New York City earthquake is different because of the water they use

Have your cake and eat it too!

This morning's March jobs report was about as good as it gets: solid growth continued while annual wage growth continued to cool.

1⃣Job growth +303k (cons. 214k)⬆️from 270k in Feb
2⃣Private job growth +232k (170k)⬆️from 207k
3⃣2m-revision to job…

BTW, small caps have LOVED jobs day as of late.

The Russell 2000 (small cap index) has outperformed the Dow/S&P/Nasdaq 100 in 8 out of the last 12 jobs days

Small caps flourish in a strong economy with contained inflation & lower rates.

x.com/callieabost/st…

300K jobs added to the economy.

Unemployment is low.

Wages are growing at a 4% clip (higher than inflation).

Americans are making money, and inflation is under control.

Happy jobs Friday.

This is wild.

Our daily lives are more rate-sensitive than ever.

Our actual debts aren't.

x.com/housing_alex/s…

I am shocked, SHOCKED I tell you, to find out that the people winning the volume-based social media game might not in fact be producing the best quality of investment advice.

papers.ssrn.com/sol3/papers.cf… (H/T Steve Hou (“LEASE MORE”))

Since 1950, the S&P 500 has dropped 5% or more about once every 10 months.

Most of these happened while the economy grew and profits rose.

Selloffs happen, even in healthy markets.

Quoted in Page Six, I can die happy now #swiftenomics

pagesix.com/entertainment/…

Traders Edge Ep. 35 jim iuorio and @Bob_iaccino with Special Guest Bret Kenwell live on Wednesday sponsored by tradier Callie Cox youtube.com/live/6u7peSdbH… via YouTube