First Quarter GDP Released at 8:30
Today’s release of first quarter growth and tomorrow’s posting of the PCE or the Federal Reserve’s preferred measure of inflation are projected to
Today’s release of first quarter growth and tomorrow’s posting of the PCE or the Federal Reserve’s preferred measure of inflation are projected to
Last week equites were relatively subdued. Will volatility increase this week given the multitude of high-profile technology companies reporting? META, MSFT, AMZN and GOOG all
Equites fell and bonds rose after a surprise decline in a business outlook reading and some softening in the labor market. The market also continued to
The change in Fed expectations is incredible. Two weeks ago, the market was pricing in a chance of rate cuts as early as
Markets were relatively quiet as many European and Asian markets were closed in honor of Easter. Bloomberg reported that volume was about
The Treasury market reversed course, with yields dropping, after softer jobs opening data bolstered speculation the Federal Reserve is approaching the end of its aggressive rate hiking
Markets were bifurcated as the tech heavy NASDAQ fell about 0.30% on inflation fears, concerns arising from an unexpected cut in OPEC+’s production. The Dow advanced about
Led by the financials and technologies, equities advanced before today’s release of the Federal Reserve’s preferred measure of
Will the yield curve continue to steepen? The collapse in the yield of the two yield Treasury is breathtaking and based upon this data point, rate cuts in the coming months are
Equities, led by growth, staged a modest advance on the belief the overnight rate will be lower by 75-100 bps by year’s end. During the past month, the NASDAQ has outperformed most other markets primarily because of this belief. The question at hand will this belief turn into reality? Many times, there have been false … Read more