1 minute read
Weekly Cash Commentary
3 minute read
Facing criticism and uncertainty, Fed Chair Powell makes things worse by dismissing the SEP.
2 minute read
4 minute read
The question: Has Moody’s downgrade of the US credit rating impacted money market funds?
7 minute read
Equity and fixed-income investors are responding differently to tariff and fiscal policy uncertainty.
Week Cash Commentary
For now, Trump is 'just' insulting Fed Chair Powell, as the Treasury market has pushed back.
Trump's attacks make it harder for the Fed Chair to steer the economy through the storm.
The stability of the money markets is shining amid the greater financial turbulence.
Calculated well before the tariff announcement, the US added a robust 228,000 jobs in March.
Total US money fund assets push past $7 trillion.
'Uncertainty' dominated the FOMC meeting this week.
7 minute watch
Sue Hill breaks down Fed decision-making in 2025 and the impact on local government investment pools.
Market intervention should subside under the new SEC leadership.
Weekkly Bond Commentary
For liquidity investors, the Fed decision to pause cuts matters more than Powell and Trump locking horns.
Three things to watch in 2025.
Money market assets have reached a new mark.
8 minute watch
In this video, Paige Wilhelm breaks down the recent decisions by the Fed to cut rates and how it might impact local government investment pools.
Powell rebuffed questions about the Fed's future, and his own, but his nebulous comments give the FOMC latitude.
Noisy data and election uncertainty might slow Fed easing.
Interest rates have fallen, but in the liquidity space, the sky has not.
The data did not support the large cut, but the Fed did not want to seem behind the curve.
The Fed’s half-point rate cut shows it still thinks the economy can avoid a recession.
Markets are yet again pricing in too many Fed cuts.
The FOMC is back to considering both the labor market and inflation equally as it weighs cuts.
The new regulations for money funds don't change their value proposition.
MBS issued by U.S. housing agencies could have advantages for investors if the economy slows.