High-Freq Data and DOGE Monitor - 2025-12-17

Date: 
Thursday, December 18, 2025
Summary: 

It's a morning of beats -- CPI came in delightfully light, and now unemployment claims (both new and continuing) have fallen back to comfortable levels. S&P 500 forward earnings estimates continue to soar. And Powerball is at $1.5 billion. Make a great day.