Stock Market Nerd Macro – May 11, 2024

By Brad FreemanMay 13, 2024Posted in Stock Insights

Third-Party Content. Provided for informational purposes only. Not investment advice or a recommendation to buy or sell any security. See disclosure here.

Stock Market Nerd Macro – May 11, 2024

Initial jobless claims were 231,000 vs. 212,000 expected and 209,000 last report.
Michigan 1-year inflation expectations for May were 3.5% vs. 3.2% expected and 3.2% last month.
Michigan 5-year inflation expectations for May were 3.1% vs. 3.0% expected and 3.0% last month.
Michigan Consumer Expectations for May came in at 66.5 vs. 75 expected and 76 last month. Ugly miss.
Michigan Consumer Sentiment for May came in at 67.4 vs. 76 expected and 77.2 last month. Another ugly miss.

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Meet the Author

Brad Freeman

Stock Market Nerd, BBAE Contributor

Meet Brad Freeman, an independent financial analyst on the BBAE blog, and publisher of the popular StockMarketNerd newsletter. He's known for his thorough, candid takes on many of the most widely-held stocks’ earnings reports — and some less-known companies that Brad feels hold promise. When this University of Michigan finance grad isn't sharing his financial wisdom with his readers, he passionately supports his hometown Detroit sports teams. Keep an eye out for Brad's market analysis and insights.

Read more about Brad Freeman (StockMarketNerd)

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