Lucas and Luna dig into a frequently overlooked economic indicator: capacity utilization. With the latest reading at 76.2%, they explain why this number matters more now than the headline GDP growth of 2.1%. They trace how capacity utilization has historically turned before recessions, compare current levels to the pre-pandemic peak, and discuss what the gap between industrial production and capacity tells us about business investment. Along the way, they connect the dots to the yield curve steepening and the Fed's next move. A concrete guide to reading the macro tea leaves through an underappreciated lens.

#CapacityUtilization #IndustrialProduction #GDP #FederalReserve #BusinessInvestment #RecessionSignals #YieldCurve #MacroData #EconomicIndicators #Manufacturing #CoreCPI #FedPolicy #Economics #Podcast #FexingoBusiness #BusinessPodcast #LucasAndLuna #EconomicOutlook

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In this episode of Economic Indicators with Fexingo, Lucas and Luna unpack the recent steepening of the yield curve and what it signals for economic growth as of July 2026. With the 10-year Treasury yield at 4.42% and the 2-year at 4.19%, the spread has widened significantly. They explore why this is happening—stronger growth expectations, sticky core inflation at 3.4%, and the Fed's cautious stance—and what it means for investors and the broader economy. Using the latest data on real GDP growth (2.1% annualized), the rising 10-year breakeven inflation rate (2.24%), and the bond market's pricing of future Fed moves, they cut through the noise to give you a clear read on the macro picture. No jargon, just smart conversation.

#YieldCurve #Steepening #BondMarket #TreasuryYields #EconomicGrowth #Inflation #CoreInflation #FedPolicy #GDP #BreakevenRate #RealGDP #MacroData #Investing #FexingoBusiness #Economics #BusinessPodcast #FinancialMarkets #EconomicIndicators

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In this episode of Economic Indicators with Fexingo, Lucas and Luna unpack the recent steepening of the yield curve and what it signals about the economy's trajectory. With the 10-year Treasury yield at 4.41% and the 2-year at 3.73%, the spread has widened to 68 basis points—a level not seen in over a year. Is this a bullish signal for growth, or a warning that inflation expectations are rising faster than the Fed's comfort zone? The hosts dive into the implications for borrowing costs, banks, and the broader market, using live data from June 30, 2026, and recent core inflation numbers.

#YieldCurve #Steepening #TreasuryYields #10YearTreasury #2YearTreasury #Fed #Inflation #CoreCPI #GDPGrowth #EconomicIndicators #LucasAndLuna #FexingoBusiness #BusinessPodcast #MacroData #BondMarket #InterestRates #Finance #Economics

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The 10-year breakeven inflation rate has edged up to 2.22 percent as of late June 2026, even as core PCE hits 3.4 percent. In this episode, Lucas and Luna unpack the disconnect: why the bond market's implied inflation expectation remains below the Fed's target despite stubbornly high core readings. They examine what breakevens actually measure — the difference between nominal and inflation-protected Treasury yields — and why the gap between the 2.22 percent breakeven and the 3.4 percent core PCE may signal something about credibility, not complacency. With the 2-year yield at 3.68 and the 10-year at 4.37, the yield curve is steepening again, and the hosts explore whether that steepening is the bond market's way of betting on slower growth ahead. They also consider how capacity utilization at 76.2 percent and industrial production at 102.6 factor into the inflation outlook. No clickbait, no hot takes — just a clear-eyed look at what the breakeven rate is actually saying about the economy in mid-2026.

#BreakevenInflationRate #10YearTreasury #CorePCE #InflationExpectations #BondMarket #FederalReserve #YieldCurve #TIPS #NominalYields #RealYield #CapacityUtilization #IndustrialProduction #EconomicIndicators #MacroData #Economics #FexingoBusiness #BusinessPodcast #LucasAndLuna

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In this episode, Lucas and Luna explore the recent steepening of the yield curve and what it signals for the economy as of late June 2026. With the 10-year Treasury yield at 4.37% and the gap between 10-year and 2-year yields widening to 69 basis points, they unpack what this inversion-unto-steepening pattern historically means for GDP growth, Fed policy, and inflation. They reference the latest core PCE reading of 3.4% and the bond market's surprising tolerance for that number. A focused, data-driven look at one of the most watched bond market signals.

#YieldCurve #Steepening #BondMarket #Treasury #Inflation #CorePCE #GDP #Fed #MonetaryPolicy #MacroData #Economics #LucasAndLuna #FexingoBusiness #BusinessPodcast #EconomicIndicators #InterestRates #TenYearTreasury #TwoYearTreasury

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With initial jobless claims dropping to 215,000 in late June 2026, Lucas and Luna analyze what this key weekly indicator really says about the health of the labor market. They contrast the low claims with rising unemployment insurance rolls and a 4.3 percent unemployment rate, exploring the concept of 'labor market rotation' where workers are still finding jobs but with longer gaps between them. The episode also looks at how jobless claims data compares to other indicators like JOLTS and nonfarm payrolls, and why the Fed watches these numbers closely for signs of a slowdown. Perfect for listeners who want to go beyond the headlines and understand one of the most real-time economic data points available.

#JoblessClaims #LaborMarket #Unemployment #InitialClaims #ContinuingClaims #FedPolicy #EconomicIndicators #FexingoBusiness #BusinessPodcast #Economics #DataDriven #LaborRotation #MacroData #JobMarket #WeeklyClaims #NonfarmPayrolls #JOLTS #2026Economy

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In this episode of Economic Indicators with Fexingo, Lucas and Luna dig into a puzzle: the latest CPI print shows headline inflation at 334.0, up 0.5 percent month over month, while the 10-year breakeven inflation rate has actually ticked down to 2.20 percent. They explore what bond investors see that the CPI basket might be missing — from shelter cost lags to the disinflationary weight of global shipping disruptions. Using the Federal Reserve's preferred core PCE gauge, which hit 3.4 percent in May, they explain why markets are pricing a different inflation path than consumer surveys suggest. The hosts also touch on the fragile shipping rebound in the Strait of Hormuz and how one-off geopolitical events can distort near-term price data. A sharp, data-rich look at the gap between realized inflation and market expectations in mid-2026.

#Inflation #CPI #BondMarket #BreakevenRate #CorePCE #FederalReserve #ShelterCosts #ShippingDisruption #StraitOfHormuz #TIPS #RealRates #EconomicIndicators #Economics #FexingoBusiness #BusinessPodcast #MacroData #MarketExpectations #Disinflation

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The Fed's preferred inflation gauge, core PCE, hit 3.4% in May 2026 — the highest since October 2023. Lucas and Luna dig into why this number matters more than CPI, how it contradicts other inflation signals like the 10-year breakeven rate (now at 2.20%), and what it means for the interest rate outlook. They discuss the components driving the rise — particularly services inflation — and whether the bond market's calm is justified or a warning sign. No hot takes, just a careful read of the data with specific numbers from the June 28, 2026 release.

#CorePCE #Inflation #FederalReserve #InterestRates #EconomicData #PCEPriceIndex #BreakevenInflationRate #BondMarket #ServicesInflation #MonetaryPolicy #Economics #FexingoBusiness #BusinessPodcast #MacroData #GDP #CPI #PMI #EconomicIndicators

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In this episode of Economic Indicators with Fexingo, Lucas and Luna dive into the growing divergence between the PCE price index and CPI. With core PCE hitting 3.4% in May 2026 — the highest since October 2023 — they explore why the Fed’s preferred gauge is running hotter than CPI, what components are driving the gap, and what it means for monetary policy. They break down the role of healthcare costs, portfolio management services, and the methodological differences that make PCE more volatile. If you’ve been confused by conflicting inflation headlines, this episode gives you the framework to understand which number matters and why.

#PCE #CPI #Inflation #FederalReserve #CorePCE #CoreCPI #MonetaryPolicy #Economics #EconomicIndicators #LucasAndLuna #FexingoBusiness #BusinessPodcast #InflationGap #HealthcareCosts #PortfolioManagement #May2026 #MacroData #Podcast

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In this episode, Lucas and Luna dive into the growing gap between the Producer Price Index and the Consumer Price Index—and what that divergence signals about corporate margins, inflation pass-through, and the Federal Reserve's next move. With core PCE hitting 3.4% in May 2026—the highest since October 2023—they unpack whether producers are absorbing costs or passing them along, and why the PPI-CPI spread matters more than either number alone. Drawing on recent data and the Fed's preferred gauge, they explore what the pipeline from factory to store shelf reveals about the true inflation picture. If you've been wondering why inflation feels sticky despite cooling producer prices, this episode offers a clear framework.

#PPI #CPI #Inflation #ProducerPriceIndex #ConsumerPriceIndex #CorePCE #FederalReserve #CorporateMargins #PassThrough #InflationPipeline #EconomicIndicators #MacroData #Economics #FexingoBusiness #BusinessPodcast #June2026 #LucasAndLuna #EconShow

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