The stock market climbed higher on Thursday, sending the Dow Jones Industrial Average up more than 200 points and other indexes to similar percentage gains. General optimism about the U.S. economy followed on the heels of Wednesday's decision from...
As investors, wouldn't it be nice if we had a crystal ball that could tell us the future direction of interest rates? Well, we do...sort of.At the conclusion of its four meetings each year that include economic forecasts, the Federal Open Market...
Related topics: FOMC
This has certainly been one crazifying Fed tightening cycle.
The 10-year nominal Treasury rate is only 0.2%-points higher than it was back in mid-2015, when liftoff appears imminent. the 10-year real rate is back where it started at 0.65, after...
Long before the Fed was humiliated into reversing its hawkish rate hike policy in January and then again in March, we published - back in June 2015 - "The Blindingly Simple Reason Why The Fed Is About To Engage In Policy Error", in which we...
Related topics: Banking
President Trump’s hand-picked Federal Reserve chairman and White House economic advisers admitted this week that the Republican tax cuts are failing to deliver the economic growth the president promised. This article first appeared in Salon. Trump...
Related topics: Taxes, White House
From Anneken Tappe: The U.S. dollar climbed in Thursday trading, retracing some of its losses from the previous session that it incurred after the Federal Reserve reinforced its dovish policy stance.
The U.S. central bank cut its expectations for...
Related topics: Banking
Authored by Steen Jakobsen via Saxobank,
Last night's FOMC meeting made it official: the Fed has thrown in the towel, and central banks are committed to defying the business cycle. But where does this leave us in terms of positioning for 2019, 2020...
Related topics: FOMC, Banking
After The Fed folded in the most aggressively dovish manner ever, the dollar and stocks rebounded heroically today - as if nothing had happened - while Treasury yields shrugged off the plunge protection team's plans and reflected Powell's clearly...
As the whipsaw in stocks and the dollar sank in today - while the bond market remains unimpressed by the machine's liftathon today - market participants are still shaking their heads at what just happened.
One of the more outspoken of those...
Federal Reserve policymakers see a U.S. economy that is rapidly losing momentum. They predict inflation will miss their 2 percent target for yet another year, despite rising wages, and they expect unemployment to increase. Fed Chairman Jerome...
Related topics: Inflation, Unemployment
From Tomi Kilgore: Financial stocks fell Friday, and were the only sector of the S&P 500’sSPX, +0.70% 11 sectors to be losing ground, as Treasury yields extending declines amid growing concerns of a slowing economy. The SPDR Financial...
From Thomas Franck: The yield on the benchmark 10-year Treasury note fell to its lowest level since January 2018 on Thursday, a day after the Federal Reserve held interest rates steady and suggested it will keep rates the same for the rest of the...
Jerome H. Powell, the Federal Reserve chairman, said interest rates would remain unchanged and provided a fairly downbeat economic assessment.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report SPDR Dow Jones Industrial Average ETF (DIA): ETF Research Reports SPDR S&P 500 ETF...
Related topics: Unemployment
Previously, market watchers had been anticipating two interest rate increases in 2019.But forecasts for growth have dimmed in major economies, including the US. Wall Street now sees a Federal Reserve rate cut as more likely for its next move.Market...
1. The Federal Reserve said Wednesday at the conclusion of a two-day policy meeting that it had decided not to raise interest rates, indicating that it did not anticipate any more hikes in 2019. The Fed said three months ago that it was pausing its...
The Fed wasn’t kidding around when they talked about being more patient earlier this year. The Committee backed it up today by saying that 2019 might not see any rate hikes at all!
That’s a great deal more dovish than the previous...
The bond bull market is alive and well with yesterday's bond-bear-battering by The Fed extending this morning.
10Y Yields are back below 2.50% for the first time since Jan 2018...
...completely decoupled from equity markets....
The yield...
In the aftermath of the Fed's second consecutive dovish capitulation, which while framed as a response to the slowing economy (a slowdown which the Fed completely missed as recently as December when 9 FOMC officials expected 1 or more rate hikes and...
Related topics: FOMC
From the Philly Fed: March 2019 Manufacturing Business Outlook Survey Manufacturing conditions in the region improved this month, according to firms responding to the March Manufacturing Business Outlook Survey. The indicators for general activity,...
Related topics: Polls