The Federal Reserve convened this week for its last meeting in 2020. The Fed didn’t make any significant changes to its policy and provided accommodating forward guidance and some clarity on its asset purchase program. The Fed expects to purchase…
Unlike last year’s contentious FOMC meeting in December, this year’s rate decision was uneventful, as the Federal Reserve kept rates, as markets expected, unchanged. Looking forward, the Fed’s dot plot points towards no change in interest rates in 2020 and…
The Federal Reserve, as expected, lowered interest rates by 25bp to a range of 2% to 2.25%. One thing is emerging from Jay Powell, Fed’s Chair, and his way of conducting monetary policy – he doesn’t like to surprise the…
The Federal Reserve recent monetary policy meeting ended, as expected, with no rate cuts, but it moved a bit towards considering lowering rates. Despite the dovish rhetoric from Chair Jerome Powell, the Fed’s signal to lower rates in the dot…
Everybody is talking about the global slowdown. Central banks all over the world have responded, but also governments need to do something. Are they doing enough? You are welcome to listen, subscribe, provide feedback and pledge support on Patreon. US: The…
After a dark December, markets have become calm and optimistic about everything. Is this positive sentiment justified? We examine the three key topics: the Fed, Brexit, and China’s economy. Fed: Markets have discounted a rate hike this year and even…
J. Powell, the Fed’s Chairman, faces a problem; perhaps the biggest challenge in his tenor so far. The financial markets – mainly equities in the U.S. – have signaled that they cannot and won’t stand another rate hike. Over the…
The famous investor Bill Gross has received some negative publicity as his Janus Henderson Global Unconstrained Bond Fund suffered heavy losses in recent months. The prime reason behind these losses is the bet his fund made over the growing spread…
Who said August was boring? We start with an update on Brexit where a deal doesn’t seem so likely and continue with escalating trade wars and what it means for financial markets. You are welcome to listen, subscribe, provide feedback…
Following the U.S.’s decision to raise tariffs of $34 billion on Chinese goods – mostly intermediate – that came to effect a couple of weeks ago, the U.S. is now planning additional tariffs on $200 billion of Chinese imports. Alas,…