Macro Tuesdays with Fexingo: Weekly Economic News, Policy, and Market-Moving Data

Lucas and Luna examine the latest JOLTS data showing job openings fell to 6.866 million in March, while initial jobless claims dropped to 209,000. With the unemployment rate steady at 4.3%, they explore whether the labor market is normalizing or flashing warning signs. They compare the current JOLTS-to-unemployed ratio of about 1.1 to pre-pandemic highs of 2.0, and discuss what this means for the...

With the ten-year Treasury yield hovering near 4.6% and the Fed set to swear in Kevin Warsh on Friday, Lucas and Luna drill into what bond vigilantes actually want this time. They examine the 10-year breakeven inflation rate dipping to 2.44%, the resilience of the labor market with jobless claims at 209,000, and why Ed Yardeni thinks the Fed will hike in July. The hosts debate whether the bond mar...

Lucas and Luna dive into the resurgence of bond vigilantes, the market forces pushing yields higher, and what it means for the Fed under incoming Chair Kevin Warsh. With the ten-year Treasury yield at 4.57 percent and the 30-year at 5.12 percent, the bond market is sending a clear message on inflation. The hosts discuss the recent CPI data, the Fed's policy dilemma, and why traders now see the nex...

As Kevin Warsh prepares to be sworn in as Federal Reserve chair on Friday, Lucas and Luna drill into what his tenure means for markets and the economy. The ten-year Treasury yield hit 4.67%, the Dow sits at 49,364, and traders now see the next Fed move as a hike. With inflation projected to hit 6% in Q2, Ed Yardeni warns the Fed will have to raise rates in July to appease bond vigilantes. Lucas ar...