público
Powell & Co. Remain Dovish
Powell & Co. were more dovish today than we (and stock investors) expected. The FOMC's Summary of Economic…
Monetary Policy
11 posts
público
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The Urge To Merge
When the banking crisis occurred during March, we concluded that the Fed's emergency liquidity response would contain the…
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What's the Matter with China?
The People’s Bank of China (PBOC) stands out among the major central banks. It is the only one that…
público
Fed Hawks Down!
The FOMC raised the federal funds rate by 25bps to 4.75%-5.00%. The committee's statement reassuringly…
público
The Fed Has Done Enough
The banking crisis might be equivalent to a 100bps hike in the federal funds rate. We are just guessing, but…
público
Fed May Be Dialing Back On Hawkish Squawking
The S&P 500 rallied 2.37% to 3,752.75 on Friday as the 2-year US Treasury note…
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Another Awful Risk-Off Week
The bad news for the stock market this past week actually started on September 16 in the morning after FedEx…
público
Fed Stays On Tightening Course
The Fed lifted the federal funds rate range by 75bps to 3.00%-3.25%. Stocks sold off as Fed…
público
The Chairman's Speech: What Will Jerome Powell Say?
Have you heard? Fed Chair Jerome Powell will speak on Friday morning at the Federal Reserve Bank of Kansas City’…
público
Inflation Is Global & Local
Inflation has soared around the world over the past year. At first, last spring, it was attributed to “transitory” supply-chain…
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More Central Bank Tightening
Don't fight the central banks when they are fighting inflation. Stock prices dropped today on news that the…
