<Click on graphic for larger image> The Wall Street Journal – Spencer Jakab: Don’t Fear Fed’s Rates ‘Liftoff’ ‘ Don’t fight the Fed’ may be too simplistic: tightening cycles are less scary than easing ones for stock prices. Words to live by: Don’t order the fish on Monday, don’t take wooden nickels and, most of… Continue reading Market Returns In Wake Of Fed Hikes
Real Time Economics (WSJ Blog) – Jon Hilsenrath: For Clues on Number of 2015 Rate Hikes, Watch the Fed’s Dots The Federal Reserve’s policy meeting this week isn’t expected to result in an interest rate increase, but it will provide important clues about how many times officials expect to move before the year is over.… Continue reading Watch The Fed’s Dots
MarketWatch – Caroline Baum: Want to know how the Fed thinks? Read its research If you want a clue as to what Federal Reserve policy makers are concerned about, take a look at what the economic research departments are doing. In the early 1990s, with the economy limping along after a short and shallow recession… Continue reading Know What The Fed Is Keeping Its Eye On
Bloomberg.com – Tale of Two Job Markets Makes Fed’s Liftoff Timing a Tough Call Federal Reserve Chair Janet Yellen and her colleagues have to decide who’s got the right take on the job market: economists crunching data on Wall Street or staffing agency executives dealing with employers on Main Street. Pointing to building wage pressures,… Continue reading Reaching Full Employment
<Click on chart for larger image> The Wall Street Journal – Central Banks Scoop Up Treasurys Value of U.S. Treasury securities owned by foreign central banks hits the highest since the record in September 2014 Foreign central banks have increased their holdings of U.S. government debt to nearly a record high even as other investors… Continue reading Foreign Holdings Of Treasuries
<Click on graphic for larger image> Bloomberg.com – You Can’t Keep the Panic Out of Stocks Forever, VIX Traders Say While the turmoil that rocked bond and currency markets in past weeks has been mostly absent from equities, it won’t be forever, options traders speculate. They’re building hedges against equity swings to levels not seen… Continue reading Stock Market Volatility
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MoneyBeat (WSJ Blog) – Oil Data Not Keeping Up as Market Adjusts to Low Prices In today’s oil market, even the data providers are frustrated with the data. Market watchers have become obsessed in recent weeks with “missing barrels,” or the idea that total supply-and-demand figures from forecasting agencies show that the market is more… Continue reading Data Measurement Problems In Crude Oil
The Economist – It is only a matter of time before the next recession strikes. The rich world is not ready THE struggle has been long and arduous. But gazing across the battered economies of the rich world it is time to declare that the fight against financial chaos and deflation is won. In 2015,… Continue reading Beware The Economist Cover
<Click on table for larger image> Real Time Economics (WSJ Blog) – Jon Hilsenrath: WSJ Survey: Fed Forecasts for the Economy and Interest Rates Could Edge Down The Federal Reserve’s forecast for economic growth this year and for interest rates in the coming three years could be edging down, according to economists surveyed by The… Continue reading The Latest WSJ Survey Of Economists
The Atlanta Federal Reserve – GDPNow Latest forecast — June 11, 2015 The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2015 was 1.9 percent on June 11, up from 1.1 percent on June 3. The nowcast for second-quarter real consumer spending growth was revised up from… Continue reading GDPNow Heading Higher
<Click on chart for larger image> MoneyBeat (WSJ Blog) – Why ‘Unusually Low’ Bullishness Could Actually Be Bullish for Stocks Investor optimism is tumbling, but that could actually be beneficial to stocks. Bullish sentiment among about a few hundred retail investors plunged in the week ended Wednesday to a two-year low as pessimism rose to… Continue reading Stock Sentiment