regulation

The revised U.S. real gross domestic product (GDP) for October-December 2023 (fourth quarter) has been revised slightly downward from the preliminary figure. This reflects the downward revision of inventory. On the other hand, personal consumption and capital investment were revised upward. Key Point The revised U.S. real gross domestic product (GDP) increased by 3.2% annually … Read more

Commodity Investment Advisors (CTAs) have recently been positioned as “maximum short” from a tactical standpoint, but futures data suggests an unwinding may be underway. This leaves U.S. Treasuries exposed to short-term upside risk from short covering. Hedge funds, CTAs and other leveraged funds are unwinding net short positions across Treasury futures at an aggressive pace, … Read more

The U.S. Financial Authority’s interest rate policy is often described as raising interest rates as an escalator and lowering them as an elevator. However, in this case, the opposite is true, and investors expecting a rapid rate cut may be dissatisfied. Aiming to curb rising inflation, the monetary authorities, led by Federal Reserve Chairman Jerome … Read more

Federal Reserve Chairman Jerome Powell said on CBS News’ “60 Minutes” broadcast on the evening of the 4th (the morning of the 5th Japan time) that the monetary authority is likely to wait until after March before cutting interest rates. He said it was big. It explains to ordinary Americans the rationale for future interest … Read more

The US labor productivity index grew faster than market expectations in the fourth quarter of last year. Productivity continued to improve throughout 2023, contributing to boosting economic growth as inflation slowed. Key Point The non-agricultural sector labor productivity index (preliminary figures) increased by 3.2% annually compared to the previous quarter. The median economist forecast is … Read more

The number of job openings in the U.S. increased in December last year, contrary to market expectations, reaching the highest level in three months. On the other hand, the number of people leaving their jobs has decreased, suggesting that workers are becoming more cautious despite the fact that demand for labor remains strong. Key Point … Read more