The Market in Pictures, September 18

Our team looks at a lot of research throughout the day. Here are a handful of charts we think are good summations of investor activity, from a Fed pushed back into hiking mode, to a market that looks calmer on the surface than it does underneath, earnings and margins...

The Market Is Doing The Fed’s Work

Last Friday morning at Jackson Hole, Chairman Warsh made the case that it’s hard to argue financial conditions are restrictive. As of Wednesday morning, the bond market has done some of the work for him. Below shows the move in yields since last Thursday’s...