Pristine Capital

Pristine Capital

Pristine Market Analysis & Watchlist 5.14.24

Bonds Rally on a Hot PPI🔥

Andrew O'Connell, CFA, FRM's avatar
Andrew O'Connell, CFA, FRM
May 15, 2024
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  • CPI Incoming!

  • TLT Breakout?

Team,

What a wild day. Buckle up for part two of this inflation saga tomorrow!

HAGE🍻

-Andrew


Market Update

MTD May Index Performance

Economic Data/News

PPI came in hotter than expected on a MoM basis, but the YoY number somehow came out in-line with estimates. How did this happen?👇

Well, the March PPI was revised lower, which kept the YoY number at +2.2% despite the hot April number! 👇

Let’s take a look at how this impacted financial markets 👇

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