Trade tensions took center stage last week. China and the U.S. continued their tit-for-tat levies on each other’s goods. Japanese trade talks also emerged given the U.S.’s recent tariff threats on the automobile industry. Finally, U.S. relations with Turkey worsened…
Pass the heartburn medication, please. Investors had a whirlwind of data and key events to digest last week including monetary policy outlooks released by three major central banks, simmering U.S./China trade tensions, and mixed U.S. economic data. Furthermore, 10-year U.S.…
Pass the heartburn medication, please. Investors had a whirlwind of data and key events to digest last week including monetary policy outlooks released by three major central banks, simmering U.S./China trade tensions, and mixed U.S. economic data. Furthermore, 10-year U.S.…
The markets wrestled with strong headline 2Q U.S. GDP data last week, positive trade chatter between the U.S. and EU coupled with mixed earnings results from some of the biggest companies within the equity indices. The mighty Facebook suffered its…
The market had plenty to digest last week, between strong economic data out of the U.S., which further affirmed Fed Chair Powell’s upbeat outlook on the economy (Powell presented his semi-annual testimony to Congress last week) and the Fed’s path…
Last week’s focus remained on key U.S. economic releases and trade talk. U.S. inflation rose nearly 3% in June, relative to a year ago. Trade rhetoric continued with President Trump threatening additional tariffs on Chinese goods, which could directly impact…
The balancing act continued for market practitioners last week as relatively upbeat economic data trickled in (ISM manufacturing, factory orders, unemployment data all surprised on the upside) and as the largely anticipated trade war between China and the U.S. sparked…
Heading into the third quarter, the focus will likely remain on the Federal Reserve tightening monetary policy with a more bullish outlook for 2018 (given higher inflation and low unemployment) coupled with geopolitical risks and tariff tensions all continuing to fuel market…
Part of the Fed’s mandate is to target inflation and maximum employment when charting its path of rate hikes. Fiscal stimulus and economic growth are inflationary in nature. A protectionist state will only further the inflationary outlook for the US and…
I. FOMC Meeting, Moving Away From Accommodative To Neutral Hawkish sentiments once again emanated from Fed Chair Jerome Powell last Wednesday as the Federal Reserve unanimously hiked the federal funds’ upper rate by 25bps to 2.00%. The officials’ rate projections…
