by Aptus PM Team | Dec 15, 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: John Luke: The story of this week was the Fed, and how far out in front the market is in terms of rate cuts...
by Aptus PM Team | Dec 8, 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: Markets are currently obsessed with the idea of multiple rate cuts in 2024. Historically, rate “holds”...
by John Luke Tyner | Dec 7, 2023 | Blog, Bonds
Fed expectations moved drastically last week. On Friday, November 24, markets were pricing in three cuts in 2024, with the first in June (orange). By Friday, December 1, the market was pricing in five cuts in 2024, starting around April (blue). Source: Bianco...
by John Luke Tyner | Nov 2, 2023 | Blog, Bonds
As broadly expected, the Fed left their target Fed Funds rate unchanged at the 5.25% to 5.50% range. The pause from July to November marks the longest period without an increase since the liftoff in March of 2022. Powell did leave the door open for further tightening,...
