by John Luke Tyner | 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)....
by John Luke Tyner | Jan 12, 2024 | Blog, Bonds
The U.S. Headline CPI for December rose +0.3% m/m (3.4% y/y) and the core CPI (ex: food & energy) was +0.3% m/m (3.9% y/y). Source: BLS/Stifel as of 01.11.2024 Inflation came in slightly above expectations in December. Core inflation is being aided by...
by John Luke Tyner | 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 22, 2023 | 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: With the absurd dominance of the megacap names having retreated to merely “dominant”, we hope to...
by John Luke Tyner | 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....
