Rosenberg: Economic Data Raises Odds for Fed Action

The video discusses recent US economic data, including jobless claims and durable goods, and their implications for Federal Reserve actions. It explores the fixed income market, Treasury curve trends, and inflation expectations. The impact of oil prices on inflation and fixed income is analyzed, along with China's credit growth and its global effects. The discussion concludes with a look at global economic factors influencing the US yield curve.

What was the initial jobless claims figure described as?

How did the durable goods report impact the outlook for the US economy?

What are the expectations for Fed action in June or July based on the recent data?

What role does oil price recovery play in fixed income markets?

How has China's credit growth affected global fixed income?

What is the significance of the Treasury curve in the context of global economic conditions?

Discuss the implications of negative interest rates on the US yield curve.