October 1, 2022 | Daily JAM, Special Reports |
Today, October 1, I’ve gone back through this Special Report to update any parts of my calendar in light of what we’ve learned about the economy, about Federal Reserve interest rate policy, and about the global economy in the last few weeks. This update includes my take on the August jobs report and the September 21 meeting of the Fed. (It’s a complete revision of the original so changes are in the body of the original text.) It is different this time. And it’s likely to “be different this time” for the next five years or so. And you need an investment strategy for that period.
September 5, 2022 | Daily JAM, Special Reports |
Today, September 5, I’ve gone back through this Special Report to update any parts of my calendar in light of what we’ve learned about the economy, about Federal Reserve interest rate policy, and about the global economy in the last few weeks. This update includes my take on the August jobs report and on recent Fed-speak from the Jackson Hole conference and after. It is different this time. And it’s likely to “be different this time” for the next five years or so. And you need an investment strategy for that period.
June 1, 2020 | Daily JAM, Long Term |
The Standard & Poor's 500 stock index may be closing in on the February 19 record closing high of 3386.15--about 11.2% from the Friday, May 29, close at 3044.31, but some Wall Street strategists see more rally ahead--with a close at the end of 2020 near 3,500 as a...
September 15, 2017 | Daily JAM, Morning Briefing |
Yesterday’s report of a slight uptick in inflation has pushed odds higher for a December interest rate increase from the Federal Reserve. The report, however, had no effect on odds in the Fed Funds Futures market for an increase at the Fed’s September 20 meeting.