by Aptus PM Team | Jan 5, 2024 | 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 fit the unfolding puzzle of evidence: Joseph: In any given year, the leaders and laggards change but a diversified portfolio can get clients...
by Aptus PM Team | Jan 4, 2024 | Blog, Bonds
Biggest Two-Month Rally in 40 Years Optimistic inflation data, and a Fed in the driver’s seat, have investors pricing in ~6 rate cuts in 2024. Source: Bianco as of 12.31.2023 While 6 cuts sound optimistic, based on history it’s not outlandish....
by Aptus PM Team | Dec 21, 2023 | Blog, Bonds
The shift in expectations for future interest rates has become the top narrative of markets. Following last week’s FOMC meeting, markets were thrilled to see the Fed add rate cuts to their Dot plot (SEP Projections) and talk about the potential for rate cuts....
by Aptus PM Team | Dec 15, 2023 | Blog, Bonds
As expected, the Fed left its target rate unchanged at 5.25% – 5.50%, matching market consensus. The updated rate forecast, or dot plot, doesn’t have another rate hike penciled in next year. Source: Bianco/Fed as of 12.14.2023 In addition, expectations...
by Aptus PM Team | Dec 7, 2023 | Blog, Bonds
Fed expectations moved drastically last week. On Friday, November 24, markets were pricing in three cuts in 2024, with the first in June (orange). By Friday, December 1, the market was pricing in five cuts in 2024, starting around April (blue). Source: Bianco...
