13th February 2024

  • Great Inflation Hedge Unwind Sees TIPS ETFs Lose $43 Billion

Outflow shows reduced need for hedge as Fed cools inflation

Retail investors yanked money after record TIPS losses

https://blinks.bloomberg.com/news/stories/S8RD8JT1UM0W

  • Fed’s Barkin Warns Businesses May Be Slow to Give Up Price Power

Businesses boosted profits, sales with higher prices, he says

Richmond Fed leader makes comments at event in Atlanta

https://blinks.bloomberg.com/news/stories/S8R2C4T0AFB4

  • Surging New York Gasoline Futures Threaten to Boost Pump Prices

Futures prices are hovering near the highest since October

National retail average is just shy of $3.20 a gallon: AAA

https://blinks.bloomberg.com/news/stories/S8R52ET0G1KW

  • Citigroup Says Traders Need to Price in Risk of Future Fed Hikes

Derivatives are more in line with Fed signals on easing path

There’s a risk of a 1998-style, brief easing cycle, Citi says

https://blinks.bloomberg.com/news/stories/S8RC9XT0AFB4

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For more information please contact Rubrics Asset Management. info@rubricsam.com.