Newsclips
The Fed Gets Easier to Understand, but Obfuscates on the Most Important Question
September 27, 2018
FOMC statements are becoming shorter and easier to understand, but Powell's presser yesterday left much to be desired.
FOMC statements are becoming shorter and easier to understand, but Powell's presser yesterday left much to be desired.
Inflation expectations are knocking on the ceiling, threatening to finally break out above the best levels of 2017. But, long-end yields have tended to drop in the days following past hikes.
The spread between official policy rates in the U.S. and Australia reached a historic wide yesterday. Uncertainty about monetary and trade policy are likely to drive a weaker Australian dollar and wider sovereign yield spreads.
Brett Kavanaugh's nomination process is an event that may heavily influence the outcome of the midterm elections.
Today's topics include emerging markets, Kevin Warsh on neutral, Argentina's bailout, leveraged loans, unintended consequences of tariffs, suppressed wages, shrinking equity risk premiums, Amazon's push further into brick-and-mortar and Ken Griffin's take on the stock rally.
Buybacks and M&A outpaced issuance of new shares by over $1 trillion in the second quarter of 2018!
Defined benefit plans still make up more than 40% of retirement assets in the United States.
Treasuries and corporates remain the largest debt markets in the United States. Who owns these markets?
Student loans now total $1.53 trillion.
A look at the size of the real estate market in the U.S., including residential and commercial
The amount of outstanding private credit in the U.S. experienced a brief decline during the financial crisis, but government debt grew throughout the entire period. Both are now at new highs.