3 minute read
The data did not support the large cut, but the Fed did not want to seem behind the curve.
2 minute read
The Fed’s half-point rate cut shows it still thinks the economy can avoid a recession.
5 minute read
With the Fed on hold and tax collection over, assets resume flowing into liquidity products.
8 minute read
Does today’s soft jobs report successfully change the Fed's narrative?
The Fed's dot plot held the intrigue at the FOMC meeting.
7 minute read
Magnificent Seven continue to outperform.
Strong headline gains but a mixed picture beneath the surface.
Labor market and consumer spending firm, while inflation rises.
The Fed now projects rate cuts in 2024, just not as many as the markets have.
Three things to watch in 2024.
As the economy slows across the board, the Fed is done hiking rates.
4 minute read
The markets have swung too far by forecasting multiple Fed rate cuts in 2024.
The economy and markets can't take on much more debt without getting sick.
Financial markets rally on perceived Fed pause.
The Fed didn't hike. That doesn't mean it's done.
The Fed wants more time and data as it looks to December's meeting.
A surprisingly strong economy could mean higher for longer, longer
MBS issued by U.S. housing agencies could have advantages for investors if the economy slows.