The December FOMC meeting concluded largely as expected with the Fed providing some additional guidance around the asset purchase program but declining to make changes to...
There Are Three Things That Can Kill The "Perfect Reflation Trade": Lessons From Two World Wars Tyler Durden Wed, 12/16/2020 - 21:10 By Michael Every of...
Can 20 Years Of Deflation Be Compressed Into Two Years? We're About To Find Out Tyler Durden Wed, 12/16/2020 - 17:50 Authored by Charles Hugh Smith...
The Federal Reserve said it expects to keep interest rates low until labor market conditions and inflation hit the Committee's standards. The post Fed will keep...
Fed Chair Powell press conference video here starting at 2:30 PM ET.FOMC Statement: The Federal Reserve is committed to using its full range of tools to...
Fed Extends "Temporary" Dollar Swap Lines And Repo Faclities With Central Banks Until Sept 2021 Tyler Durden Wed, 12/16/2020 - 14:26 In addition to its return...
Fed Leaves All Policies Unchanged, Will Keep QE Until "Substantial Further Progress" Made Tyler Durden Wed, 12/16/2020 - 14:04 Since the last FOMC Statement on November...
Markets are torn between short-term concerns and medium-term hopes, moving in narrow ranges. Equities have been range-bound as the year-end, and with it slower trading, approaches. The...
As countries like the US, UK and Canada roll out the first doses of Pfizer and BioNTech’s Covid-19 vaccine, some worry it could be years before...
Stock markets off to a promising start in Europe and Wall Street is poised for small gains as well as negotiations on both sides of the...
Non-British Europeans may start receiving Covid-19 vaccinations sooner than originally planned. The EMA announced Tuesday that it had moved up an expert panel meeting on the...
Global Stocks Hit All Time High On Stimulus Optimism Ahead Of Fed Meeting Tyler Durden Wed, 12/16/2020 - 07:40 Another overnight session, and - predictably -...
What to watch Federal Reserve meeting: The Federal Open Market Committee, which sets the central bank’s interest rate policy, is... The post Daily Market News: Markets...
The ECB's Latest Big Mistake Tyler Durden Wed, 12/16/2020 - 05:00 Authored by Daniel Lacalle, One of the great mistakes among economists is to receive the...
Thanks to lockdowns, high unemployment, and general uncertainty and fear over covid-19, the personal saving rate in the United States in October was 13.6 percent, the...
If one word could describe the U.S. stock market of 2020, it would be “improbable.” The S&P 500, for example, has risen about 14.14 percent this...
Stocks closed largely down on Monday (Dec. 14) as fears of stricter lockdowns outweighed vaccine optimism. Q3 2020 hedge fund letters, conferences and more News Recap...
Futures Jump As Vaccine Optimism, Stimulus Hopes Return Tyler Durden Tue, 12/15/2020 - 08:00 Yesterday morning, after the early swoon, we said that as part of...
Bill Blain's "Bearishly Pragmatic" Look At 2021 Tyler Durden Tue, 12/15/2020 - 08:13 Authored by Bill Blain via MorningPorridge.com, Bearishly Pragmatic At this time, its traditional...
Overview: The S&P fell for the fourth consecutive session yesterday, the longest losing streak of the quarter, and this seemed to encourage profit-taking in the Asia...
A bear-market bias continues to weigh on the US Dollar Index, which has tumbled sharply this year. That’s a bullish tailwind for US investors holding assets...
On My Radar: Minus 43.8% Correction To Fair Value by Stephen Blumenthal “Rule #3: There are no new eras – excesses are never permanent.” – Bob...
Negative-Yielding Debt Exceeds $18 Trillion As Global Market Cap Hits $100 Trillion Tyler Durden Tue, 12/15/2020 - 03:30 Submitted by Christophe Barraud The pool of negative-yielding...
Today’s news highlights the dilemma facing the Fed at this week’s meeting. This, for instance, from Bloomberg: The first Covid-19 vaccine shots were administered by U.S....
What If Central Bankers' Prayers Are Answered And Inflation Surges Tyler Durden Mon, 12/14/2020 - 18:20 By John Buttler, submitted by Macro Hive; John Butler has...
Abstract: This article examines the non-issue of bank clearinghouse certificates during the Great Depression of the 1930s. Instead of a market failure, this non-issue is found...
Marko Kolanovic, the well-known quant strategist with JPMorgan, sees a positive feedback loop forming that will drive the markets higher next year. Kolanovic believes that a...
Yields of sovereign developed market debt have fallen to record lows in 2020. Daniel Morris, chief market strategist, and Olivier De Larouzière (OL), head of multi-strategy...
Everyone Is So Bullish That Bears Are Hard To Find Tyler Durden Mon, 12/14/2020 - 10:45 By Ye Xie, Bloomberg macro commentator Three things we learned...
Stocks Jump On Vaccine Rollout, Hopes For Bipartisan Stimulus Bill Tyler Durden Mon, 12/14/2020 - 08:05 US equity futures jumped alongside European markets on Monday amid...