Market in Review 4/18/2024

MARKET REPORT Review: – Fed’s Bostic: ‘Wont be in position to cut rates until end of the year – For Brief moments today May rate HIKES were more likely than CUTS!: Just 38bps now priced in – US Initial Jobless claims unchanged at 212K – US Phily factory activity rises most in 2 years – […]

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 […]

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