The Fed delivered the dovish message for markets to extend rallies in equities and Treasuries. With limited macro news between now and year end, my expectation is for markets to
Weekly Review & Outlook: December 11, 2023
The last remaining major macroeconomic updates of 2023 are on tap for this week. Focus is squarely on the November Consumer Price Index (CPI) report and the final Federal Open
Weekly Review & Outlook: December 4, 2023
Additional October inflation data supported the earlier moderating inflation readings while PMI data suggest sluggish below long term trend economic growth. Consensus opinion that the Fed has reached its cycle
Weekly Review & Outlook: November 20, 2023
October inflation data provided relief to both equity and bond markets as confidence that the Fed has reached the terminal rate in the hiking cycle increased. In the upcoming holiday
Weekly Review & Outlook: November 13, 2023
Bank industry data providing more details on trends through the end of the 3rd quarter supported earlier findings of an industry overwhelmingly in a defensive posture as uncertainties secondary to
Weekly Review & Outlook: November 6, 2023
“I will say that we’re not confident at this time that we’ve reached such a stance. We’re not confident that we haven’t, we’re not confident that we have.†– Jay