The Fed’s response to the collapse of SVB puts pressure on the Treasury and the FOMC decision next week.
The still hot labor market all but ensures the Federal Reserve stays aggressive.
U.S. equity and fixed-income markets are pointing in different directions.
Investors have begrudgingly capitulated to a still-hawkish Fed.
The global economic picture is setting up to look a lot like last year's.
Inflation, consumer strength move bonds closer to the Fed. Stocks still keeping some distance.
And that's creating challenges for fixed-income positioning.
We're probably not yet at a "just right" stage for stocks, especially of the growth variety.
An improved high-yield asset class might not flash the same signs for reentry as in past economic downturns.
Inflation cooling but labor market remains healthy.
Two market indicators suggest equities could enjoy a better year.
Three things to watch in 2023.
The Fed pushes back against market expectations.
Silvia Dall’Angelo, Donald Ellenberger and Steve Chiavarone discuss global inflation and whether the markets have already priced in a recession.
The U.S. economy is slowing across the board.
You have to ask: is he here to hurt or help?
FOMC voters must stick to the data to make their next decision on rates.
Wide corporate bond spreads are enticing, but the time to add to credit sectors hasn't come yet.
Solid week of employment data keeps Fed aggressive.
Fed Chair Powell indicates the pace of hikes is not as crucial as arriving at the right place.
Money market yields have returned to pre-GFC levels.
Hawkish Fed prompts us to lower our GDP growth estimates.
Fed projections are less useful these days.
Relatively healthy jobs report keeps Fed hiking rates.
Cash has become a compelling asset class.
Fed Chair uses Jackson Hole keynote to reset investor expectations.
Bears and bulls facing off on what the Fed may do.
A lot is riding on a Fed pivot.
Next month will mark a half-year of hikes, time enough to evaluate their impact.
But high inflation and Fed tightening are taking us closer.
The Fed raises interest rates by 0.75% for the second month in a row.
Rising recession risk favors defensive dividend stocks, cash and Treasuries.
Hot inflation, stagflation concerns, recession fears and a hawkish Fed.
Markets might be setting up for '70s' era modest returns.
The Fed’s willingness to shift on volatile data makes rate expectations difficult.
Unfortunately for workers, wage inflation at heart of Fed tightening.
The market’s late shift in expectations gave the Fed the opportunity for a 0.75% hike.
Fed should give investors no reason to stray from short-duration, value strategies.
The Fed must rely on the data and not its policy framework to curb inflation.
With a 50 basis-point hike, the Fed hopes to stick it to inflation.
The Fed rate cycle and the SEC money fund reform process are ready to begin in earnest.
More rate hikes would favor cash, floating-rate securities and value stocks.
The Fed's abundant messaging has the market doing its work for it.
Russia’s invasion, higher energy costs, soaring inflation, hawkish Fed…
Bonds wrestle with pricing Fed, war and inflation outcomes.
The only question for investors: at what cost?
A host of negative factors could end the recent rally.
Year-end S&P forecasts for 2022 and 2023 lowered to 4,800 and 5,100.
The Treasury yield curve isn't matching the futures market’s view of rate hikes.
Market risks stay skewed to upside but inflation and possible policy errors lurk.