High-Frequency Post-Virus Recovery - 2023-04-12
Date:
Thursday, April 13, 2023
Summary:
No recession yet in the high-frequency data. The Chicago Fed's financial stress index loosens up a bit. And there was a small miss in new claims, but a small beat in continuing claims. Meanwhile, a very dovish beat in the Producer Price Index, across all categories (we've updated yesterday's CPI report to show it).