FOMC Minutes Echo 'Hawkish Tone' From Meeting; Fed To "Proceed Carefully" Tl;dr: The Minutes echoed the hawkish tone of the statement and...
Minutes: Fed sees ‘restrictive’ policy staying in place until inflation eases 10-year Treasury yield resumes slide post minutes, down 5.4bps to 4.599%...
The US dollar pared losses after a hot PPI report but still settled lower as Wall Street focused on the latest Fed speak that had two...
Overview: Broadly speaking, the dollar's recent pullback was extended today but the momentum appears to be slowing, perhaps ahead of tomorrow's US CPI...
German inflation declines Fed to release minutes of September meeting The euro continues to have an uneventful week. In the European session, EUR/USD is...
From Matthew Graham at Mortgage News Daily: Mortgage Rates Sharply LowerThe average mortgage lender is quoting a top tier 30yr fixed mortgage rate that is nearly...
The next direction of the long bonds is crucial in determining the macro.First, after a wrecking ball crash and ahead of the FOMC, we could surmise...
The Japanese yen is drifting on Tuesday. In the North American session, USD/JPY is trading at 148.67, up 0.10%. The Bank of Japan continues to stick...
The Federal Open Market Committee (FOMC) communicates the stance of monetary policy through a target range for the federal funds rate, which is the rate...
The US reports September CPI on October 12 and the first decline in three months in the year-over-year rate is expected. However, the price action itself...
US This week will deliver a make-or-break moment for Fed rate hike expectations. The main event will be the September inflation report. Expectations...
Rates are now higher than after Liz Truss’s 2022 mini-budget.
ADP an unreliable precursor Equity markets are edging higher ahead of the US jobs report on Friday, a release that could set the tone in the...
Macleod: Unwinding The Financial System Authored by Alasdair Macleod via SchiffGold.com, This article looks at the collateral side of financial...
The BEA released their estimate of vehicle sales for September today. This graph shows heavy truck sales since 1967 using data from the BEA. The dashed...
Recession Warning! Four Key Triggers Are All In-Play Right Now Authored by Michael Maharrey via SchiffGold.com, We keep hearing about a “soft...
Wards Auto released their estimate of light vehicle sales for September: September U.S. Light-Vehicles Sales Bounce Back Despite Gloomy Conditions (pay site).Hard to say exactly how much...
Key Events This Busy Week: Payrolls, Jolts, ADP, ISM And Tons of Fed Speakers As we start October, DB's Jim Reid asks whether we can power...
One of the most fundamental concepts in finance is the notion of a risk-free rate. This interest rate tells us how much money investors are guaranteed...
10 Numbers Which Prove That The US Economy Has Hit A Major Pivot Point Authored by Michael Snyder via The Economic Collapse blog, During...
There are four large macro forces shape the investment and business climate here at the start of the last quarter of the year. First, the US...
After just missing a 16-year high, US GDP data has shown yields to be marginally smaller than expected for September. The retreat in yields has allowed...
The 10-week decline of the Nasdaq 100 has almost reached a key medium-term support of 14,300. The rising 10-year US Treasury yield is a significant factor...
A perfect storm may be brewing for the bond market as a combination of factors drive yields higher. Exhibit A is the benchmark 10-year Treasury yield,...
For The First Time In 13 Years, The Fed Is Cutting Workers As It Books $100 Billion In Losses At a time when mainstream economists and...
Sidney Homer's Odyssey By Michael Every of Rabobank Bonds were battered again yesterday, the US 10-year closing up 10bps at 4.53%, a new...
Peter Schiff: Jerome Powell Is Just Guessing Via SchiffGold.com, Everybody knew that the Federal Reserve wasn’t going to hike rates at the...
Key Events This Week: GDP Revised Lower; PCE And Durables On Deck This week one of the main highlights will take markets through what DB's...
As far as the Fed is concerned, interest rates will be higher for considerably longer than both the stock and bond markets were banking on. The...
Now We Fear The Fed? By Peter Tchir of Academy Securities If the Fed’s wish was to push risk assets lower, then they got their wish!...