Market Update
WHO IS RIGHT, FED OR MARKETS?
Financial markets and the Federal Reserve are reading from two different playbooks. Who is right? The markets are pricing in several rate cuts by the
April 3, 2023
Tag: Market
Financial markets and the Federal Reserve are reading from two different playbooks. Who is right? The markets are pricing in several rate cuts by the
The Federal Reserve (Fed) has a history of raising short-term interest rates until something “breaks.” Considering the Fed has raised rates from a near-zero level
Suggesting an economy makes “no landing” makes no sense. Analogies eventually break down, especially this one. Economic activity does not stop like an airplane eventually
Markets have adjusted to several changes this year. The pace at which inflation has cooled is slowing. The market has started to believe the Federal
Investors got more excited about international investing late last year. Some of that was chasing better returns, as developed international equities solidly beat the U.S.
The script has been flipped in 2023. Last year’s underperformers have turned into outperformers this year, driving the S&P 500 Index up over 5% this
Fourth quarter earnings season is underway and probably won’t bring much good news. Lackluster global growth, ongoing profit margin pressures from inflation, and negative currency
2022 was a dizzying year as markets and the global economy continued to find itself out of balance due to the still present aftereffects of
The Federal Reserve (Fed) wrapped up its last Federal Open Market Committee (FOMC) meeting of the year last week, where it hiked short-term interest rates