<Click on graphic for larger image> The Wall Street Journal – James Mackintosh: It’s Like the Financial Crisis Never Happened… It’s 10 years since the U.S. subprime crisis began, and everything’s wonderful on Wall Street. A decade after the world began to notice the losses on derivatives linked to the toxic waste of structured subprime… Continue reading 10 Years After The Crisis … Did It Actually Happen?
<Mouse over graphic for interactive feature> MoneyBeat (WSJ Blog) – President Trump Will Be Able to Recast the Fed by Filling Vacancies President Donald Trump will be able to recast the Federal Reserve by filling three or more vacancies on its seven-member board of governors, and is leaning toward candidates with banking and financial world… Continue reading Filling Vacant FOMC Seats
The Financial Times – Goldman warns Federal Reserve over commodity trading rules fallout Goldman Sachs, the last bank on Wall Street to handle significant physical volumes of oil and gas, has pushed back against a planned crackdown on combining finance with commodities trading. The institution warned the Federal Reserve to carefully weigh the effects on… Continue reading Goldman Reminds The Fed Who Is In Charge
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Charts of the Week Topics Covered This Week Include: Commitments of Traders Update – New Format Now Available! Earnings Update An Updated Look At Company Guidance Will The Fed Surprise The Market? Risk Markets Looking Past Rising France/Germany 10-Year Spread US Treasuries Finding Reasons to Abate Decline More On Funds Shorting Volatility Is The Market Still… Continue reading Charts of the Week
Bloomberg Business – Fed Doesn’t Want to Surprise Market on Policy, Mester Says Federal Reserve Bank of Cleveland President Loretta Mester said policy makers don’t want to surprise the market on interest rates and they have to be “nimble” to adjust their outlook amid global and domestic risks. “We certainly never want to surprise the markets,”… Continue reading Will The Fed Surprise The Market?
The Wall Street Journal – Stocks, Yields Rise on Hopes for Higher Interest Rates “We are in the early stages of long-term interest rates returning to conventional levels,” said Ian Williams, strategist at brokerage Peel Hunt. “With growth and inflation picking up slightly, it makes equities more favorable as a place to put your cash.” Still,… Continue reading Is The Market Still Worried About Deflation?
<Click on graphic for larger image> <Click on graphic for larger image> The Financial Times – Le Pen extends lead, Macron drops 5 points in latest French election poll – BFMTV Marine Le Pen has extended her lead in a poll of first round French voting intentions, which shows a sharp drop in support for… Continue reading Frexit Update
<Click on chart for larger image> The Wall Street Journal – ‘Trump Bump’ for Dow Industrials Is Biggest Post-Inaugural Move Since FDR President Donald Trump has been doing a lot of bragging about the stock market rally lately. How does it measure up? By some measures, the rally that took place during Mr. Trump’s first 30… Continue reading The Trump Rally
<Click on graphic for larger image> Bloomberg Business – Investors Are Charging Into Emerging Market ETFs U.S. President Donald Trump has supported many policies that could harm emerging market economies. But investors are betting that his bark will turn out to be worse than his bite. More than $7 billion has poured into exchange-traded funds tracking… Continue reading Investors Are Piling Money Back Into Emerging Market ETFs
Bloomberg View – Narayana Kocherlakota: Money Shouldn’t Choose the Next Fed Chair … Whom, then, should Trump appoint? Filling the shoes of Yellen and Ben Bernanke won’t be easy. The right candidate must, of course, have a strong understanding of the economy and financial markets, and how they interact. He or she must communicate superbly with… Continue reading More On Trump’s Future Fed Chairman Pick
<Click on chart for larger image> Bloomberg Business – Fed Minutes May Show Confidence in Inflation Was Growing Policy discussions when the Federal Reserve last met may show greater confidence in the inflation outlook and a debate over options for winding down the U.S. central bank’s massive bond portfolio, feeding discussions over the timing of the… Continue reading Inflation Expectations And The Fed Minutes