Three things to watch in 2022.
Omicron is weighing on psyches, but not so much markets ... yet.
The Fed increases the pace of taper and expectations for rate hikes.
Market risks stay skewed to upside but inflation and possible policy errors lurk.
The Fed announced it will cut the pace of its asset purchases, but not on a preordained path.
The success of the Fed’s first taper gives us confidence it will work well again.
Still room to run, with a tilt toward cyclical companies with pricing power.
Stubbornly higher inflation doesn't mean the Fed's wrong ... yet.
Bond market plods ahead amid looming uncertainties.
The drama over the debt ceiling is a waste of time and energy.
Investment managers, the finance industry and the Fed have contingencies for the debt ceiling drama.
Taper may start in November, with first rate hike by late next year.
A near-term pullback could represent an opportunity for long-term investors.
Biden’s decision on Powell and others risks market volatility
Fed Chair Powell stuck to the script at the central bank symposium.
Uncertainties linger when you dig into the weeds.
Uncertainties and vacations may feed volatility but bull trend carries on.
Usage of the Fed’s Reverse Repo Program keeps growing.
While curtailing bond purchases were discussed, the FOMC today offered little additional insight.
It's easy money all over despite rising inflation.
The Chair's trip to Capitol Hill showed just how patient the Fed intends to be.
Policy errors and Fed could pose problems later but it’s full steam ahead for now.
Bond market is priced, somewhat, for the Fed to get inflation right.
The Fed finally raised the overnight reverse repo rate.
As the central bank awakens to inflation risks, our policy-error fear fades.
America's back and the troubles are (arguably) fleeting ... in the nearer term.
The Fed's slight adjustments to overnight rates should have a big impact.
But what creates and drives it is what matters for the markets.
They continue to confound as growth surges and prices accelerate.
For now, the bull is fine. But we're monitoring for potential longer-term health issues.
The Fed's view of 'transitory' might be too long.
Why are bond yields range-bound?
Perhaps a market hung up on stimulus should appreciate what it has.
We're about to find out as the fiscal and monetary spigots keep pouring.
A decade of disinvestment is causing affordability issues, not rampant speculation.
It's time for the Fed to raise overnight rates.
The FOMC didn't budge on policy or alleviate pressure in the overnight market.
It continues to be the issue consensus is worried about.
Rate strategies lead the way for bonds in challenging first quarter.
Liquidity investors have lots to consider, but nothing as pressing as it might seem.
A recovering U.S. and ‘modestly’ growing China are good for the EM and everyone.
Powell reaffirms commitment to easy money policies to support still-young recovery.
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