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Thru the Cycle

John Lonski

John Lonski's take on the financial markets.

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PricingOnly free issuesPublishesTwice weekly
Issues247Founded4 years agoLast Issue4 days ago
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Latest Issues

Thin Yield Spreads Imply Positive Earnings Outlooks Extend Beyond Mag 7

Corporate America’s lowest ratio of debt to cash in 60 years reflects solid balance sheets …

Companies are financially stronger the lower a firm’s debt is relative to the firm’s highly liquid assets, or cash. For 2026’s second quarter, the...

4 days ago
3
1

US Labor Market Now Favors Eventual Return of 2% Core Inflation

Wages slow to pace consistent with 2% core inflation

March 2006 serves as the start date for the available sample describing the average hourly wage for all private sector employees. Thus, the following analysis that employs year over-year...

8 days ago
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Full Employment Lite

The same good news on profits that drives share prices higher also drives interest rates higher. The more closely the economy is to full employment, the more likely will a bullish economic outlook lift inflation expectations and interest ra...

19 days ago
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1

Stop the Spending Spree and Rate Hikes Will Stop

Doomed by diesel? …

At a recent record high $6.23 per gallon, the price of diesel fuel was up by 67% year-on-year. Just prior to the start of the Iran conflict, diesel’s price averaged $3.72 per gallon. Yes, Russia’s military action agains...

a month ago
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Will Iran, Russia, and AI Force the Fed to Hike?

Iran, Russia, and AI now spur PPI inflation …

The August PPI is expected to rise by 0.4% monthly following July’s unchanged reading. The monthly increase of the core PPI may edge up from July’s 0.2% to August’s 0.3%.

The price of diesel f...

a month ago
7

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  • John Lonski

    financial economist. data sleuth.

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