Market in Review 4/2/2024
MARKET REPORT Review: – POWELL: – Reiterates likely appropriate to begin lowering IR ‘at some point this year” – inflation figures though higher than expected didn’t ‘materially change’ the overall picture – policy makers will wait for signs of lower inflation before cutting – ISM Services PMI hits 3-month Low Act 51.4 vs Exp 52.7 […]
Market in Review 1/17/2024
MARKET REPORT Review: – US Retail sales – Strong (+.6 Exp +0.4) – US Homebuilder optimism jumped – US Industrial Production better than expected – UK Inflation HIGHER (CPI Exp +3.8% Act +4.0%) – US 10yr above 4% – Mar rate cut odds tumble – 57% chance the Fed cuts, down from a 67% chance last week and 71% […]
Market in Review 12/15/2023
MARKET REPORT Review: – Fed Speakers Reverse Powell – NY Fed’s Wiliams “We aren’t really talking about rate cuts right now” – Powell DEC13th “cuts are something “that begins to come into view, and is clearly a topic of discussion out in the world and also a discussion for us at our meeting today.” – […]
