Today's topics include previewing tomorrow's payrolls report, bond bear market rally?, goldilocks scenario for markets?, dissecting FOMC minutes, container rates are spiking, has inflation been vanquished?, money market fund cash is not 'cash on the sidelines', 2024 black swan watch, comments on the ISM manufacturing survey, more on QT & the fed's balance sheet, and new rent supply
Today's topics include RRP facility back in focus, shipping rates are rising, 10-year eyeing 4%, sentiment dissonance, 2023 was surprisingly not surprising, finding a new job, the next phase of the inflation battle, inflation shocks are sticky, and rising convertible debt
How will the considerable easing of financial conditions impact the start of 2024?
As the Federal Reserve's pivot on rates becomes the base case for 2024, bonds began to rally, posting the largest 2-month gain since October 1982.
Today's topics include the Fed's path in 2024, are supply chain problems returning?, discovering the 'new normal', office real estate, predicting disruptions in 2024, still work to do on inflation, now there is a yield!, asset manager struggles in the UK, and crypto options
While global bond markets have seen a monstrous rally over the past two months, combined net flows indicate one of the first monthly bond outflows since January of 2022.
Today's topics include 2023 was the year of wrong predictions, was China the "most wrong" prediction of 2023?, can the Fed navigate a soft landing?, issues with data quality continue to loom over decision making, RBC expects economic downturn in U.S., where are equity valuations ending 2023?, 60/40 portfolio comeback?, tracking 0DTE volume into 2024, and the rich got richer in 2023
A long-term look at American economic contractions