By Scott Hallermann. With interest rate risk still at the forefront in assessing the banking sector outlook, I note 2 key events preceding the June 14 FOMC meeting. This Friday
Weekly Review & Outlook: May 15, 2023
By Scott Hallermann. The much anticipated April Consumer Price Index (CPI) (May 10) increased 0.4% from March and 4.9% from 1-year ago which was in-line with expectations. In my opinion,
Weekly Review & Outlook: May 8, 2023
By Scott Hallermann. As expected, the Federal Open Market Committee (FOMC) raised the target rate 1â„4 point to an upperbound of 5.25% at last week’s meeting (May 3). The policy
Weekly Review & Outlook: May 1, 2023
By Scott Hallermann. Starting with the good news, historical returns suggest an 89% chance of +5.62% or greater BANK indexreturn in May. Since 1998 the BANK index experienced 9 periods