FTSD News and Press, Franklin Liberty Short Duration U.S. Government From 08/10/23

2023-08-10 19:35:00 ET Summary AIER’s Everyday Price Index (EPI) increased by 0.34 percent in July 2023. With this increase, the index stands at 285.2, 0.5 percent below its level one year ago in July 2022. The largest price gains among EPI constituents from June to July 20...

2023-08-10 13:00:00 ET Summary A second consecutive benign set of inflation prints adds to optimism that the Fed rate hike cycle is at an end and a soft landing is achievable for the US economy. We continue to have our concerns about the economic outlook, centered on the abrupt ha...

2023-08-10 01:45:00 ET Summary Recession? Soft Landing? Getting a read on where the US economy is headed hasn’t been easy. We believe that the supply and demand sides of the economy meet at the labor market. And it, though strong by historical standards, has started to soft...

2023-08-09 11:30:00 ET Summary The disinflationary trend continues, and core inflation appears to be in retreat across Western economies. Global central banks continued to raise interest rates, despite what looks to be clear disinflation evidence. Whether or not central banks ...

2023-08-09 08:28:00 ET Summary Money supply growth fell again in June, remaining deep in negative territory after turning negative in November 2022 for the first time in twenty-eight years. An inflationary boom begins to turn to bust once new injections of money subside, and we ar...

2023-08-08 06:44:00 ET Summary It looks like the overly anticipated intermediate-term stock market correction may have started right on schedule in the seasonally questionable August time period, when trading tends to be thin, and the market is easier to move one way or the other. ...

2023-08-08 00:01:00 ET Summary The tough part to the CPI / PPI data the last 18 months, is that the “compares” for the CPI get tougher as we move through 2023, since CPI inflation peaked in June ’22. One of the problems with hyper-focus on any particular set o...

2023-08-07 13:30:00 ET Summary We see emerging markets better withstanding volatility and benefiting as supply chains rewire. We switch our EM debt preference to hard currency from local. Developed market stocks slid last week and long-term bond yields jumped as markets focused on...

2023-08-06 03:41:00 ET Summary The US economy continued to move forward in July, although some portions, especially manufacturing, are stumbling. While job growth remained solid in June, nonfarm payrolls rose by 209,000 for June, the smallest increase since the end of the Covid re...

2023-08-04 03:11:00 ET Summary The feud between the unions and the movie/television studios centers around demands for higher pay, better working conditions, and protections from AI technologies, which could theoretically replace actors and writers. The stock market continued its ...