{"id":5215,"date":"2024-04-14T20:49:20","date_gmt":"2024-04-15T00:49:20","guid":{"rendered":"https:\/\/envisionco.net\/?p=5215"},"modified":"2024-04-14T20:49:20","modified_gmt":"2024-04-15T00:49:20","slug":"week-ending-4-12-2024","status":"publish","type":"post","link":"https:\/\/envisionco.net\/?p=5215","title":{"rendered":"Week Ending 4\/12\/2024"},"content":{"rendered":"<p>MARKET RECAP<\/p>\n<ul>\n<li>US stocks -1.63%, international -2.03%, bonds -0.74%.<\/li>\n<li>Markets have been down for two straight weeks. Inflation continued to be higher than expected. Core services were up 5.4%. Consumer inflation expectations are rising, according to a University of Michigan survey.<\/li>\n<li>Investors expected six to seven rate cuts at the beginning of the year, but they are now down to one to two and maybe zero.<\/li>\n<li>The yield on the 10-year treasury is now 4.50% and is trending higher; see chart below.<\/li>\n<li>Bank stocks took a hit. JP Morgan has been on fire (in a good way) all year, fell by 6.5%, as high interest rates are beginning to cut into profits.<\/li>\n<li>The Philadelphia Fed reports that 3.5% of credit card balances are over 30 days past due, the highest delinquency rate since the data was recorded in 2012.<\/li>\n<li>International tensions are way up; investors were bracing for an Iranian attack on Israel, and it happened over the weekend. Israel did an exceptional job repelling the attacks.<\/li>\n<\/ul>\n<p>CHART OF 10-YEAR TREASURY YIELD<\/p>\n<p><a href=\"https:\/\/envisionco.net\/wp-content\/uploads\/2024\/04\/UST10Y.png\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-5218\" src=\"https:\/\/envisionco.net\/wp-content\/uploads\/2024\/04\/UST10Y-300x138.png\" alt=\"\" width=\"300\" height=\"138\" srcset=\"https:\/\/envisionco.net\/wp-content\/uploads\/2024\/04\/UST10Y-300x138.png 300w, https:\/\/envisionco.net\/wp-content\/uploads\/2024\/04\/UST10Y-1024x470.png 1024w, https:\/\/envisionco.net\/wp-content\/uploads\/2024\/04\/UST10Y-768x353.png 768w, https:\/\/envisionco.net\/wp-content\/uploads\/2024\/04\/UST10Y-500x230.png 500w, https:\/\/envisionco.net\/wp-content\/uploads\/2024\/04\/UST10Y.png 1093w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n<p>SCOREBOARD<\/p>\n<p><a href=\"https:\/\/envisionco.net\/wp-content\/uploads\/2024\/04\/Scoreboard-04-12-2024.png\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-5216\" src=\"https:\/\/envisionco.net\/wp-content\/uploads\/2024\/04\/Scoreboard-04-12-2024-80x300.png\" alt=\"\" width=\"80\" height=\"300\" srcset=\"https:\/\/envisionco.net\/wp-content\/uploads\/2024\/04\/Scoreboard-04-12-2024-80x300.png 80w, https:\/\/envisionco.net\/wp-content\/uploads\/2024\/04\/Scoreboard-04-12-2024-274x1024.png 274w, https:\/\/envisionco.net\/wp-content\/uploads\/2024\/04\/Scoreboard-04-12-2024-411x1536.png 411w, https:\/\/envisionco.net\/wp-content\/uploads\/2024\/04\/Scoreboard-04-12-2024-548x2048.png 548w, https:\/\/envisionco.net\/wp-content\/uploads\/2024\/04\/Scoreboard-04-12-2024.png 573w\" sizes=\"auto, (max-width: 80px) 100vw, 80px\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>MARKET RECAP US stocks -1.63%, international -2.03%, bonds -0.74%. Markets have been down for two straight weeks. Inflation continued to be higher than expected. Core services were up 5.4%. Consumer inflation expectations are rising, according to a University of Michigan &hellip; <a href=\"https:\/\/envisionco.net\/?p=5215\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1893,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-5215","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/envisionco.net\/index.php?rest_route=\/wp\/v2\/posts\/5215","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/envisionco.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/envisionco.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/envisionco.net\/index.php?rest_route=\/wp\/v2\/users\/1893"}],"replies":[{"embeddable":true,"href":"https:\/\/envisionco.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5215"}],"version-history":[{"count":3,"href":"https:\/\/envisionco.net\/index.php?rest_route=\/wp\/v2\/posts\/5215\/revisions"}],"predecessor-version":[{"id":5220,"href":"https:\/\/envisionco.net\/index.php?rest_route=\/wp\/v2\/posts\/5215\/revisions\/5220"}],"wp:attachment":[{"href":"https:\/\/envisionco.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5215"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/envisionco.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5215"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/envisionco.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5215"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}