Risk-on/risk-off is back
Step aside global central banks.It’s time for the pattern called risk-on/risk off to set the direction of global financial markets again. That’s where we are today now that markets have decided that programs of quantitative easing from central banks–the Federal Reserve, the Bank of Japan, and the European Central Bank–aren’t enough to drive economies or financial markets anymore
Market falls as it moves to price in new odds on a Fed interest rate increase
Yesterday’s release of the minutes from the Federal Reserve’s April meeting has produced a massive change in market sentiment. Monday before release of the minutes financial markets were giving odds on a June interest rate increase of just 4%. After the meeting those odds soared and they continued to move up today to reach 26%.
Middleby having solid year in a go-nowhere market
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...June is back on the table for an interest rate increase after Fed minutes
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Waiting on the Fed’s minutes and fearing/hoping for a breakdown/breakout from the recent trading range
This afternoon’s release of the minutes from the Federal Reserve wouldn’t be quite so big a deal for financial markets if U.S. stocks weren’t so precariously perched right now between an upside breakout and a downside breakdown.
Another Fed effort to convince financial markets it might raise interest rates next month
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...New data on wages and inflation higher than expected in April
On Wednesday the Federal Reserve will release the minutes from its April meeting–against a background set by today’s release of numbers showing stronger than expected wage and inflation growth.
Oil prices hit 6-month high on temporary supply outages–will this rally run to $55?
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Trick or Trend: What’s the opposite of a Goldilocks market?
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...China’s economy cools in April
So much for the March pick up in China’s economy. In April, data released this weekend say, China slipped back into the trend of slower growth. Working from that data Bloomberg calculates that China’s GDP grew by 6.88% year over year in April, down from a 7.11% growth in March
Saturday Night Quarterback says, For the week ahead watch…
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