Was that the Powell Pivot 2.0?

by | Dec 1, 2022 | Blog, Bonds

Powell’s comments and the market response yesterday were noteworthy. The equity market rose (SPX +3.05%) while bond yields rallied across the yield curve following Powell’s Brookings Institute presentation. The market was positioned for a hawkish speech and...
“The report will probably cement a 50-basis point hike in December, as the Fed has expressed a desire for slowing unless we see a monster November jobs report / CPI report December 13th”

“The report will probably cement a 50-basis point hike in December, as the Fed has expressed a desire for slowing unless we see a monster November jobs report / CPI report December 13th”

by | Nov 10, 2022 | Market Notes, Media Notes

Inflation Drops Sharply in Another Win for Joe Biden, Democrats     Disclosures   This information is for investment adviser use only and should not be distributed to any other parties. The commentary included in this post is for informational purposes...

What Could Stop the Fed?

by | Nov 9, 2022 | Blog, Bonds

Newton’s First Law of Motion states that an object in motion tends to stay in motion unless an external force acts upon it. The Fed is in motion (hiking rates/QT) and until the external force (lower inflation) acts upon it, expect them to stay in motion (higher...

The Market in Pictures, October 21

by | Oct 21, 2022 | Blog, Charts

Our team looks at a lot of research throughout each day. A few charts that caught our eye this week, and how they help fill the puzzle of evidence:   John Luke: “Unprecedented” has been the word of the year in markets, pushing for another here as we reach 12...