Making Sense

One of my favorite poem is by Kahlil Gibran and thought I'd share a couple of lines with you all...  Do not live half a life  and do not die a half death If you accept, then express it bluntly,  Do not mask it If you refuse then be clear about it for an ambiguous refusal is but a weak acceptance Do not accept half a solution,  Do not believe half truths,  Do not dream half a dream,  Do not fantasize about half hopes To reach and not arrive, Work and not work The half is a mere moment of inability, but you are able for you are not half a being You are a whole that exists to live a life not half a life” On that note, quick weekly roundup for the US markets below: The Fed Fund Futures are pricing in 88% probability of a rate cut by September Policy.  The Atlanta FED GDPNow Estimates for Q3 growth readings are running at 2.8%. The Cleveland Fed estimates for Core CPI and Core PCE are running at 0.27% and 0.22% respectively mom.  In the last blog piece...

HSBC Flash India PMI Report Output Growth : India's private sector output growth increased in June, recovering from a slowdown in May. Both manufacturing and services sectors saw quicker rates of expansion. HSBC Flash India Composite Output Index : The index rose from 60.5 in May to 60.9 in June, indicating a substantial and historically significant expansion. This is aligned with the average growth rate over the past 12 months. Manufacturing Sector : The Manufacturing PMI rose from 57.5 in May to 58.5 in June, driven by stronger new orders, output, employment, supplier delivery times, and stocks of purchases. All five sub-components of the index contributed to this improvement. New Orders and Exports : Total new orders rose sharply, surpassing May's growth. Export orders increased for the 22nd consecutive month, with June's growth being the second-fastest since September 2014, despite a slight deceleration compared to May. Employment : Employment saw a substantial increase...