The Market in Pictures, May 19

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 debt ceiling remains a story for markets, here’s Morgan Stanley’s walkthrough of prior...

The Market in Pictures, May 12

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: Tough to see how inflation can get down to the Fed’s stated 2% target   Source: Strategas...

The Market in Pictures, May 5

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: Demand for labor continues to surpass economist expectations   Data as of 05.05.2023  ...

May 2023 FOMC: (Still) Higher for Longer

The Fed delivered a 25bps hike as was broadly expected by markets. They made a modification in their statement omitting the wording regarding the necessity of further rate hikes. To us, this indicates a sort of “hawkish” pause in policy here at the 5-5.25%...