ANNOUNCEMENTS

US Full-Employment Prospects and Surging Yuan’s Path Ahead By Blu Putnam, Chief Economist Erik Norland, Senior Economist CME Group Yuan Rises Amid US Demand for Chinese Goods Yuan gained 10% against US dollar in 10 months through January 2021. US demand for Chinese products helped fuel the yuan’s appreciation. Demand could switch to US service sector … Read More

US Retail Spending Set to Boom? By Blu Putnam, Chief Economist Erik Norland, Senior Economist CME Group Restaurants, Air Travel Could Get a Boost ​​​​Pandemic caused shift in consumer spending  from services to goods. Consumer spending could pick up amid vaccines, stimulus checks. Restaurants could have a banner year, air travel is already rising. US growth … Read More

Gold at Crossroads and the Nexus Between Crude Oil and Vegetable Oils By Blu Putnam, Chief Economist & Erik Norland, Senior Economist, CME Group Investors Conflicted Over Gold’s Direction Data indicates two opposing investor sentiments in gold. Potential for inflation to head higher could be supportive. Rising inflation expectations reflect economic optimism. Gold faces headwinds … Read More

Did Pandemic Reshape Supply Lines? Impact of Inflation on Investors By Blu Putnam, Chief Economist & Erik Norland, Senior Economist, CME Group High Costs May Hinder Changes to Supply Lines Pandemic exacerbated disruption of supply lines that began with US-China trade war. A shift in consumer spending during pandemic from goods to services benefited China. … Read More

Understanding Duration in Stocks. Will Bonds Drain Capital From Equities? By Blu Putnam, Chief Economist & Erik Norland, Senior Economist, CME Group Why Some Stocks Are More Sensitive to Bond Yields High-growth stocks can have long duration, pushing returns further out. Nasdaq is long in duration. Dow, which pays higher dividends, is short in duration. Higher … Read More