The Market in Pictures, February 23

by | Feb 23, 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:   John Luke: Rate expectations have changed dramatically in a few short weeks   Data as of 02.23.2024...

The Market in Pictures, February 16

by | Feb 16, 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:   Dave: The typical pattern for earnings estimates is to start high and fade throughout the year  ...

The Market in Pictures, February 9

by | Feb 9, 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:   John Luke: Market expectations for 2024 interest rate cuts are slowly moving back towards FOMC guidance...

The Market in Pictures, February 2

by | Feb 2, 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:   John Luke: Before the FOMC meeting, markets took comfort that Treasury borrowing needs wouldn’t expand in...

Inflation Volatility Unlikely to Disappear

by | Jan 18, 2024 | Blog, Bonds

Market is Pricing in Six Rates Cuts in 2024   Currently, Fed Funds traders are pricing in six cuts (shown below in orange) by the end of 2024. Keep in mind that the Fed projected just three cuts in its latest Summary of Economic Projections (shown below in blue)....