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This Week in Review | IPOs, US Inflation, ECB Rate Hike (June 12, 2026)
Published 4 weeks ago
Description
The economy and markets can feel dizzying and ever changing. That’s where we can help.
Fisher Investments’ “This Week in Review” is a weekly segment designed to highlight a few
things you may have missed this week, what they could mean for financial markets and
why they matter to investors like you. This week, Fisher Investments reviews:
• The SpaceX IPO
• Rising US inflation
• The European Central Bank’s rate hike
Below are the sources for all data cited in today’s show:
1. Source: J.P. Morgan as of 6/10/2026, Global Markets Strategy, June 2026.
2. Source: Warrington College of Business, University of Florida as of 4/23/2026.
3. Source: U.S. Bureau of Labor Statistics, as of 6/10/2026. Y/y US Headline CPI
Inflation, January 2023 – May 2026.
4. Source: U.S. Bureau of Labor Statistics, as of 6/10/2026. Y/y US Headline CPI
Inflation, May 2026.
5. Source: Macrobond, as of 6/10/2026. Y/y percent change in M2 (money supply) for
US, UK eurozone and Japan, local currencies, monthly, January 2005 – April 2026.
6. Source: FactSet, as of 6/10/2026. University of Michigan Survey of Consumers,
Expected change in prices over the next year, January 2026 – June 2026.
7. Source: Finaeon and US Bureau of Labor Statistics, as of 6/9/2026. S&P 500 Total Return Index, 12/31/1925 – 5/30/2026, y/y Headline US CPI Inflation, 12/31/1925 - 5/30/2026.
8. Source: Trading Economics, as of 6/2/2026. European Central Bank Interest Rate
Decisions, September 2023 – June 2026.
9. Source: Trading Economics, as of 6/11/2026. Euro Area Interest Rate and y/y
Eurozone Consumer Price Index, January 2026 – June 2026.
10. Source: Trading Economics, as of 6/10/2026. Y/y Eurozone Consumer Price Index,
January 2022 – December 2022.
11. Source: Macrobond, as of 6/2/2026. GDP-weighted developed markets excluding
US government bond yield spreads (10Y – 3M), daily 1/1/2025 – 5/28/2026.
Want to dig deeper?
• What to expect as tech mega-IPOs arrive: https://www.fisherinvestments.com/en
us/insights/market-commentary/in-orbit-on-tech-sentiment-and-ipos
• Ken Fisher’s thoughts on recent IPO activity: https://youtu.be/tn65mxE36z8
• How Ken Fisher views central bank decisions:
https://www.youtube.com/watch?v=d0k7jMBie54
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Investing in securities involves a risk of loss. Past performance is never a guarantee of future
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fluctuations. The foregoing constitutes the general views of Fisher Investments and should not
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recommendation. The opinions expressed are subject to change without notice.