It’s Friday, so we’re going to have some fun. We’ll combine the premise of a popular 1970s movie with a tried and so-far successful policy prescription for averting financial disaster. All of this relates to what triggers an actual capital...
To continue reading click here.
Markets remain in the doldrums thanks to a slew of narrative headwinds dampening investor confidence, whether it's the Fed's "higher for longer" stance on interest rates, pending concerns over a government shutdown, or continuing woes for an...
To continue reading click here.
“Higher for Longer” – a lot longer! That was the takeaway from last week's FOMC notes when Federal Reserve officials forecasted that higher interest rates could be with us through 2026. This caught many investors by surprise because the hope...
To continue reading click here.
If the Federal Reserve were hell-bent on quashing inflation, it would have raised their target range for federal funds by another 25 basis points at last Wednesday's FOMC meeting. They didn't. Instead, they opted for "hawkish" sounding rhetoric...
To continue reading click here.