Monthly Economic Report
- The Economy: Inflation continues to rise in April but recession probabilities are lower, and the market remains resilient. April headline inflation rose to a YoY annualized rate of 3.8%.
- Private Credit Woes in Focus: Mentions of private credit in the news are peaking and their stock prices are suffering.
- AI Investment Drives Earnings Growth: US equities rallying on the back of AI Investment.
