Inside the Economy: Inflation, Markets, Bond Yields, and Manufacturing

This week on “Inside the Economy”, we break down the sectors of inflation, market trends, bond yields, and manufacturing production. The primary driver of inflation still present in the market is housing, while core goods show little to no inflation year-over-year. Where else has inflation cooled? New home prices remain high, and new home inventories are steady. Is household debt as a percentage of income impacting consumers when compared to historical data? As for the equity markets, they continue to be overvalued, particularly the Dow. In the manufacturing sector, production is nearly back to where it was pre pandemic. How do other countries like Germany and Japan compare in terms of manufacturing capacity? Tune in to learn more!

 

Key Takeaways:

• 10-year bond yield at 4.57%
• Core Inflation at 3.3% (YOY)
• Manufacturing Production Index at 99.0 in November