Welcome to day 2 of 2 in the pre-Fed, pre-Dutch election market cryosleep. Overnight we
Category: fed
These Charts Do NOT Scream “Ready For Super Aggressive Fed”
We don’t want to sound like a broken record, but …
Sneaky Ass Hawks
“We begin the new week with evidence that hawks are circling everywhere.”
The First Week Of The Rest Of Your Life
Welcome to the first week of the rest of your life. By now you all
Your Quick Guide To A Big Week
As you’re aware, this is a big week. The Fed takes center stage, but the
“Spillover”
If you were following along last week (well, I guess technically it’s still “this” week,
“This Will Be Like 1994”: Credit Investors Are Getting Worried About The Fed
Last week, investors began to question the extent to which exceptionally loose financial conditions and
Bernanke Was Right
“And higher stock prices will boost consumer wealth and help increase confidence, which can also spur spending. Increased spending will lead to higher incomes and profits that, in a virtuous circle, will further support economic expansion.”
Goldman: Things Have Changed, The “Hurdle” For More Fed Hikes Is Now Lower
“Over the last two years the FOMC appeared to take an asymmetric approach to policy, with a greater willingness to slow the pace of rate increases than to the speed them up. Now that the economy looks much closer to the Fed’s objectives, the FOMC may approach policy decisions more symmetrically.”
“This Is Goldilocks Data”: Was The Jobs Number Just Right?
“This is Goldilocks data – just right for Fed to hike, but not enough to accelerate what is already priced in.”
Please Fasten Your Seat Belts, Jobs Report Ahead
So obviously it was a relatively quiet overnight session as the entire world focuses on
This Is The “Linchpin” For The Dollar
“Friday’s U.S. payrolls report might have little bearing on next week’s Federal Reserve decision, after top officials clearly indicated readiness to raise rates March 15. But…”
It’s The Big One! What To Make Of Friday’s All-Important Number
Listen, if you’ve lost the plot line don’t worry because everyone else has too. Just
More Trouble
I don’t know if maybe you noticed, but this is playing out exactly like I
Dammit, Who’s “Sherlock” Here? BofAML Weighs In On A Fed That’s Behind The Curve
“While this has allowed the Fed to have its cake and eat it too at the March meeting, in our view there could be a bigger sign from the markets to the Fed: financial conditions could be at the cusp of signaling that policy is behind the curve.”
“I Think It’s Safe To Say Everyone Will Take A Glass Half-Full Approach”
“I think it’s safe to say that given the current mood among traders, they will be squarely focused on the glass half-full elements rather than grasp at signs for temperance.”
After A Rough Start, It’s Been “Smooth” Sailing
“After 62 weeks, the present cycle has had the fewest corrections (six times) relative to other hiking cycles (Chart 3). By contrast, the equity market was turbulent during the 1999-2000 hiking cycle with 14 weekly corrections of at least 1.5% in 52 weeks.”
Chart Check: When 94% Isn’t Enough
“That’s what I thought”…
Goldman’s Warning: “The ‘Yellen Call’ Is Back In The Money”
“As Fed speak over the past few weeks makes clear, the ‘Trump rally’ has aggressively pushed the ‘Yellen call’ back into the money, as we feared.”
Trump To Fed: “Bow Down To Caesar” Or Risk “Horrifying Misstep”
“The institutional threats they face make the thought of any misstep horrifying. With all of the sniping from other parts of Washington and the looming new appointments, they understand the need to be the perfect Caesar’s wife. A lot to ask as they disengage the policy auto-pilot of the last eight years.”
No Trouble In Little China And Nothing Doing In Oz
It was a relatively quiet overnight session on the news front, although you wouldn’t know
7 Signs Of The (Market) Apocalypse
“While we’re not (yet!) expecting the equivalent of the fall of the Roman Republic, we are nevertheless very suspicious of the presumption that recent technical strength can continue.”
Now Or Never
“Way” back on Tuesday in “No, Janet Yellen Does Not Need To Wait On Donald
Goldman Says March Hike A “Done Deal,” Raises Odds To 95%
“As a result, we now see a hike at the March meeting as close to a done deal, and have raised our subjective probability to 95%.”
The Queen Bee Speaks: Full Yellen Summary
“Fed Chair Janet Yellen says an increase in fed funds rate will likely be appropriate at FOMC’s March 14-15 meeting if policy makers determine that employment, inflation continue to evolve in line with expectations.”
One Bank Asks: “Where Have All The Doves Gone”?
One of the things you might have noticed is that the Fed is looking at a
You must be logged in to post a comment.