May 2018 US PCE, personal income and spending data 29 June 2018
- Prior 2.0%
- Core PCE 2.0% vs 1.9% exp y/y. Prior 1.8%
- Personal income 0.4% vs 0.4% exp m/m. Prior 0.3%. Revised to 0.2%
- Spending (adjusted) 0.2% vs 0.4% exp m/m. Prior 0.6%. Revised to 0.5%
- Real spending 0.0% vs 0.2% exp. Prior 0.4%. Revised to 0.3%
Good on PCE but soft on spending, anmd with lower revisions to last month. That’s another new high for the Core but the dollar isn’t reacting at all. The market looks well settled with Fed expectations.
Psychedelic chartist extraordinaire. Have your shades ready.
Philosophy: “Don’t be a Dick for a tick”
Read how Ryan got into trading here
Philosophy: “Don’t be a Dick for a tick”
Read how Ryan got into trading here
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