The next Fed Chair will set the tone for the Federal Reserve Bank for the coming years. We will discuss the possible implications of each of US President Trump’s suspected picks, as he is expected to make his selection in
November 1, 2017
The headlines say construction spending was up and near expectations. Our view is that this does not consider inflation, and the trend lines clearly show a slowing sector. Analyst Opinion of Construction Spending There continues to be significant backward revision
December natural gas prices were in free-fall this morning as cash prices significantly weakened amidst a looser background supply/demand balance and much warmer weather nationally tomorrow. Yet some afternoon weather model guidance added heating demand to medium-range forecasts, helping prices
There was a potentially important development in inflation recently, but one that was generally overlooked. Perhaps it was mostly overlooked because it is way too early to say that a trend is developed that could cause an adverse inflation occurrence.
CNBC’s Jon Fortt reports on the quarterly earnings for Qualcomm.
Video length: 00:10:17 Stocks opened higher today and then faded throughout the day. The Fed came out and surprised no one leaving rates unchanged and indicating the possibility of a 25 basis point increase in December. After hours there are
(Audio length 00:12:00) Chris Temple joins me for the market wrap today. We recap the Fed statement which really only further confirmed that a rate hike will come in December and into next year. It seems that the markets simply
In our preview of the Bank of England, we suggested that the recent rise may trigger a sell-off as the news comes out. Here is a similar view from TD: Here is their view, courtesy of eFXnews: TD FX Strategy Research
The wishy-washiest Fed statement ever was met with a nothingburger response from the market. December rate-hike odds are very modestly higher at 87%… Stocks are unchanged, and bonds and gold are modestly lower with a slightly higher dollar. As Bloomberg
The FOMC did nothing with rates, but remarked that in their judgement the growth in the economy has changed from ‘moderate’ to ‘solid.’ The market is looking for a rate increase at the December meeting. I am solidly willing to speculate
