High-Freq Data Monitor - 2026-03-25

Almost a month into the Iran energy shock, new jobless claims still very low and exactly at expectations (continuing claims low, and beat expectations). S&P 500 earnings estimates are accelerating from an already blistering pace, and last week's surprise factor was a blowout to the upside. Uh... there's just one little thing... our "Truflation" real-time CPI estimator is definitely very, very unhappy about the way March is shaping up...