TRA Macro Tracking Index

The labor market weakened in November, yields remained unchanged, and the dollar slid against other currencies. All in, not a great start to a big week of data releases. The softer economy and stubborn yields are suggesting that inflation may continue as a threat, and could prop yields for the foreseeable future. The cost of debt may remain where it is without more fiscal and monetary support. We'll keep digesting the information as it comes out.

Here's a list of things we can expect to see:

November CPI: Thursday

October PCE Inflation: Friday

Michigan Consumer Confidence Index: Friday

Stay tuned as always!