No, The Fed Isn’t as Dovish as the Market Thinks
Commonwealth’s McMillan notes that the central bank believes the economy is strong, so more tightening is coming.
Commonwealth’s McMillan notes that the central bank believes the economy is strong, so more tightening is coming.
Since he took over the Federal Reserve, stocks had dropped on days when its policymaking body wrapped up work—until yesterday.
Under Federal Reserve chief, the S&P 500 has a history of selling off when the policymaking body meets.
Though he has been wrong before. Remember ‘irrational exuberance’?
Morgan Stanley’s Wilson, who called the 2017 blowout and the 2018 letdown, sees more of the same for next year.
When the market has been good before the ninth month, its poor rep doesn’t matter.
Leuthold strategist fears hot economy will push up inflation, threatening advance.
The conventional projection is for six more, though some want it to stop at three.
Even with core CPI the highest in 10 years, the number shouldn’t ‘spook’ the Fed, says Pantheon’s Shepherdson.
The Dow is up 4.6% since he took over, putting him in the middle for debut chairs.
Goldman strategist notes rise of short-term rates and projects a 3.6% 10-year Treasury.
Activist investor thinks aggressive short-term rate increases 'heightens' recession risk.
Jerome Powell says Federal Reserve will keep raising them 'for now.'
Natixis’ Joseph Lavorgna thinks better news on jobs means the Federal Reserve should end the rate hikes.
He hopes to hit the sweet spot that keeps inflation, now 1.9%, in check.