by John Luke Tyner | Nov 22, 2021 | Blog, Macro Updates
Inflation has been a major headline the last 18 months as market participants digested the unprecedented government response to the pandemic (i.e., monetary and fiscal policy). Since early 2021, the Fed has championed that inflation would be “transitory” although...
by John Luke Tyner | Oct 29, 2021 | Blog
The yield curve had a massive flattening this week. The short end of curve rose sharply while the long end of the curve declined by nearly the same amount. Simply put, the short end of the curve is moving up based on the market’s expectations of an early rate hike...
by John Luke Tyner | Oct 25, 2021 | Blog
Fed Chairman Powell’s four-year term ends on February 5th, 2022. Historically, appointments (by the President) are typically made in October or early November for upcoming February openings. The reason for the timing is that the nomination needs to go through the...
by John Luke Tyner | Sep 15, 2021 | Blog
August PPI and CPI and Fed Survey Update… QE Taper Coming late ‘21 Boy did we get the tale of two reports from the August inflation data. The PPI report was modestly higher than expectations whereas the CPI report was modestly lower… so which one is right?...
by John Luke Tyner | Jul 22, 2021 | Blog
Is the risk off move just a pause in the market after an incredible two quarters to start 2021, or something sinister brewing under the surface? The equity market’s reaction Monday (7/19) showcased fear of the Delta variant derailing the economic recovery as new cases...
