Archive for October, 2017

Nary a Whiff of Inflation Here

Saturday, October 14th, 2017

Via Bloomberg: Cleveland Fed Oct. 10Y Inflation Expectations Rose to 1.89% 2017-10-13 18:11:10.646 GMT By Alex Tanzi (Bloomberg) -- Suggests inflation expectations of less than 2% on average over the next decade, according to the Cleveland Fed. * One year inflation expectation at 1.95% v 1.74% a year ago * 5Y inflation expectation at 1.81% v 1.59% a ...

Credit Alert in Big Bank Earnings

Thursday, October 12th, 2017

Via Bloomberg: Bad Omen for Bad Debt in U.S. Bank Earnings 2017-10-12 12:30:38.544 GMT By Laura J. Keller (Bloomberg) -- Increases for bad-debt provisions could end up being a theme this earnings season for big U.S. banks. Citigroup’s provision for credit losses rose 15 percent to $2 billion in the latest quarter, more than expected. Earlier, JPMorgan reported ...