Watch this weeks review here: https://youtu.be/fKWXUeMIB1w
Weekly Headlines: Biden signs CHIPS Act and Congress approves Biden’s Inflation Reduction Act of 2022, clearing way for passage. Inflation and PPI data come in at or better than expectation. SP500 posts a full month of weekly gains.
Upcoming Data Releases:
Bond rally stalls as equities continue to post gains. Commodities see some price increases.
New job postings on indeed.com in sharp descent.
Treasury curve sees parallel shift up that slightly improves inversion situation.
Credit spreads continue to tighten.