4 minute read
April payrolls surprise to the upside.
2 minute read
Weekly Cash Commentary
Powell will no longer speak from the podium, but by remaining on the Fed board, his voice remains.
5 minute read
Powell’s last FOMC meeting may be next week.
8 minute read
Recent equity market rally is one for the record books.
Global bond markets reflect a change in expectations for the macro environment.
1 minute read
Will the relief rally — and fragile Iran ceasefire — hold?
7 minute read
But will the Iran conflict weigh on employment in the coming weeks?
Assets sent to the money markets due to the Iran conflict might stay for the yields.
Oil prices prompt a drastic shift in expectations for global central bank policy.
Much depends on how long the Strait of Hormuz is blocked during the Iran conflict.
6 minute read
Will its next policy move be another pause, a cut or a hike? It depends.
If the Iran war does not derail it, the US economy should remain strong.
Rise in oil prices might goose inflation just as the US labor market appears to be weakening.
10 minute read
US bond markets are relatively stable in the face of potential disruption.
US labor market was strong across the board in January.
Equity rally broadens out amid positive January Barometer.
3 minute read
From a subpoena to a nomination, the Fed dominated the financial headlines.
Policy fog now begins to lift after this week's rate-cut pause.
With attractive yields and solid credit, demand for corporate bonds continues to be strong.
We think GDP growth could reach 3.3% in 2026.
If the future keeps bond investors awake at night, the present is complicated too.
But midterm elections and Fed leadership transition could spark volatility.
Sue Hill provides her insight after the anticipated December FOMC meeting, along with what is expected from the Fed in 2026.
The Fed did not issue a 50 basis-point rate cut like last year but clearly has resumed its easing cycle.
Trump’s pressure on the Fed notwithstanding, the money markets have much to celebrate.
There are no short cuts when it comes to excellence in service.
The question: Has Moody’s downgrade of the US credit rating impacted money market funds?
Equity and fixed-income investors are responding differently to tariff and fiscal policy uncertainty.
Solid US economic data also helps as equities reverse their April freefall.
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