The “peak Fed funds narrative” is all the rage. The risk rally off the October 27th lows completely overwhelmed the negative market inputs of persistent inflation, excessive indebtedness, deficit spending, weak political leadership, and increased fiscal and monetary stimulus.
The “peak Fed funds narrative” is all the rage. The risk rally off the October 27th lows completely overwhelmed the negative market inputs of persistent inflation, excessive indebtedness, deficit spending, weak political leadership, and increased fiscal and monetary stimulus.
“Just close the f**king door!” said Fed Chairman Powell after being interrupted by a protestor as he was delivering his latest Policy speech. That line attracted more attention than his comments, which suggested that more hiking may be needed to bring down inflation. Stocks ignored the restrictive bits and determined Powell was cool. The S&P 500 closed at its highest level since September 20th!
“Just close the f**king door!” said Fed Chairman Powell after being interrupted… Read More »
“Just close the f**king door!” said Fed Chairman Powell after being interrupted by a protestor as he was delivering his latest Policy speech. That line attracted more attention than his comments which suggested that more hiking may be needed to bring down inflation. Stocks ignored the restrictive bits and determined Powell was cool. The S&P 500 closed at its highest level since September 20th!
“Just close the F**king Door” — Federal Reserve Chairman Jerome Powell Read More »
Global macro geo-political and economic factors will remain the most significant factors for investors in the days, weeks, and months ahead.
Chairman Powell insists the Fed isn’t thinking about rate cuts… Read More »
Global macro geo-political and economic factors will remain the most significant factors for investors in the days, weeks, and months ahead.
As the Middle East conflagration intensifies, investors are losing confidence… Read More »
Global macro geo-political and economic factors will remain the most significant factors for investors in the days, weeks, and months ahead.
War returns to the Middle East as Israel prepares for a ground invasion of Gaza. Investors’ “Flight to Safety” trades dominated market action last week. That trend will continue.
War returns to the Middle East as Israel prepares for a ground invasion of Gaza. Read More »
Inflation is rising because government spending is rising, exacerbating an already severely imbalanced labor market. The demand for labor enforces salary bargaining power, so wages are rising; this is the source of structural inflation, which is becoming systemically embedded into the economy.
Bond yields are rising because Supply is rising… and Demand is falling. Read More »
Inflation is rising because government spending is rising, exacerbating an already severely imbalanced labor market. The demand for labor enforces salary bargaining power, so wages are rising; this is the source of structural inflation, which is becoming systemically embedded into the economy.
Inflation is rising because government spending is rising… Read More »
80% of the Perry Capital Portfolio holds liquid and guaranteed-return investments with interest rates constantly
adjusting to the higher rate structure that is coming.
“You can’t always get what you want, but if you try, sometimes…” Read More »
“It’s the strike, it’s government shutdown, resumption of student loan payments, higher long-term rates, oil
price shock,” said Fed Chairman Jerome Powell last Wednesday, responding to a question about external
factors that supported the Fed’s decision not to hike rates.
The Fed has paused its interest rate hiking campaign… Read More »