The Market in Pictures, August 4

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:   Brad: If you don’t recall this kind of volatility in the rate market, well…it’s been awhile  ...

June FOMC Recap & Thoughts

The “Hawkish” Pause   Yesterday the Fed left their target for the funds rate unchanged between 5% to 5.25%. Many labeled the pause a hawkish “skip” where further tightening is expected. The Fed DOT plot signaled that there could be two more rate hikes in 2023. QT...