by John Luke Tyner | Sep 2, 2022 | Blog, Bonds
The balance sheets of global central banks have grown drastically in the last 15 years. The United States balance sheet alone grew from ~$4 trillion to ~$9 trillion over the pace of 2 years during the pandemic. The surge in liquidity has had a drastic effect on...
by John Luke Tyner | Aug 31, 2022 | Blog, Bonds
Stocks Fall on the “No Pivot” Powell Speech SPX down over -5% in the past 3 days since Jackson Hole. Additional Fedspeak: BARKIN: JOB MARKET STILL VERY TIGHT, DEMAND IS HEALTHY BARKIN: WON’T PREJUDGE SIZE OF NEXT RATE HIKE, DEPENDS ON DATA BOSTIC: COULD...
by John Luke Tyner | Aug 26, 2022 | Blog, Bonds
Powell focused on inflation and the willingness to tolerate “some pain to households and businesses” to bring inflationary pressures down. He also says that it will likely require maintaining a restrictive policy for some time. This is Fedspeak for: 1)...
by Aptus PM Team | Aug 26, 2022 | Blog, Charts
Our team looks at a lot of research throughout each day. A few charts that caught our eye this week, and the way they fill the puzzle of evidence: Dave: Where will Fed Funds and CPI intersect? JL: and will the 10 year bond again give us clues to...
by John Luke Tyner | Aug 24, 2022 | Blog, Bonds
The Fed’s annual Jackson Hole Economic Policy Symposium takes place on Friday and will open with a speech by Chair Powell at 10am EST. We expect Powell to reiterate that the FOMC remains committed to bringing inflation down and that upcoming policy decisions will...
by Aptus PM Team | Aug 19, 2022 | Blog, Charts
Our team looks at a lot of research throughout each day. A few charts that caught our eye this week, and the way they fill the puzzle of evidence: Derek: We’ve had quite a bounce in equities since mid-June, how does it compare to previous bear market rallies...
