Telltales

Some intriguing concepts and relationships I hope you find interesting and useful.

Just a few informative signs in this Monday missive about the economy and the financial markets. Topics include Walmart warning about U.S. profits, bond yields remain higher than you think, so much for bond vigilantism, fiscal policy is pointing to weaker real GDP growth, Truflation near 2%, economic momentum to weaken, and cyclical stocks need low-income consumers.