- World stock markets rally, treasury yields fall on inflation dataReuters.com
- The Fed’s favorite inflation measure rose 4.9% in April in a sign that price increases could be slowingCNBC
- Households Boosted Spending in April but Drew Heavily on SavingsThe Wall Street Journal
- Breakingviews – Consumers are the next transitory guessing gameReuters
- Powered by (Formerly) Huge Gains from Real Estate, Stocks, Cryptos, as “Real” Incomes Lag? “Real” Consumer Spending Rises, Spending on Services JumpsWOLF STREET