3 minute read
The U.S. Treasury’s plan to buy back some of its securities should have many benefits.
8 minute read
Does today’s soft jobs report successfully change the Fed's narrative?
4 minute read
The Fed's game plan hasn't changed, but defeating inflation will take longer than it expected.
7 minute read
Magnificent Seven continue to outperform.
6 minute read
Strong wage growth keeps Fed cuts off the bases.
Labor market and consumer spending firm, while inflation rises.
Three things to watch in 2024.
2 minute read
The Fed now projects rate cuts in 2024, just not as many as the markets have.
The markets have swung too far by forecasting multiple Fed rate cuts in 2024.
Back-to-School sales were soft, but consumers are spending elsewhere.
But overall labor-market picture is mixed.
School spending slows while inflation rises.
Data point in different directions.
5 minute read
Powell uses Jackson Hole keynote to reiterate Fed’s vigilance to lower inflation.
Fed may remain vigilant.
Higher-for-longer rates can be beneficial for dividend strategies.
The markets have finally listened to hawkish Fed speak.
Dichotomy between nominal and core inflation declines keeps Fed engaged.
3238431683