Risk
Maybe an Inverted Yield Curve Isn’t an Ill Portent
The Fed has distorted the Treasury landscape, says a Bernstein savant. Without its bond buying, the 10-year would be yielding 3.7%.
Search results for: Federal Reserve
Risk
Jobless Claims Shrink Amid Labor Shortages, but Market Shrugs
Powell charges that the tight employment situation is ‘unhealthy.’
Risk
Investing in War-Leery European Stocks ‘Makes Sense,” Yardeni Says
The Ukraine problem has pulled down stocks on the Continent more than in the U.S.
Newsmakers
Market Edges Up in Reaction to Powell’s More Aggressive Stance
Fed chief says he’s looking at a half-point boost soon and indicates a quicker tightening tempo.
Risk
What Big Inflows into an ETF Tell Us About Bonds
Yes, long yields are heading up, and an inverted curve is less likely, say strategists.
Risk
Thank You, Fed: Some Bank Stocks Will Do Better Than Others
BofA selects 7 lenders that higher rates should benefit because they are mostly U.S.-centered.
Has the Gabby Fed Gone Too Far in Its Transparency Push?
The central bank’s greater openness these days fuels risky behavior and thwarts flexibility, some say.
Risk
How Escalating Inflation Can Produce a Recession
Natixis’ Lavorgna sketches out how higher prices shrinks consumers’ income—and imperil the economy.
Risk
Are We Reprising the Rotten Aughts Market?
Bespoke wonders if the past has something not so pleasant to teach us.
Newsmakers
Market Sees Small Bump Up as Powell Gives Soothing Talk
Ukraine distress, inflation and other woes have been driving stocks down.
Asset Allocation
Why Former Bond King Bill Gross Says Treasury Yields Will Double
High inflation won’t abate soon, he says in new book, which also covers his ill-starred history after PIMCO.
Why Not to Worry About Slowing Earnings Growth
Corporate profits are falling back to a more normal pace (absent some nightmare scenario intruding).
Risk
Warning: Tossing Russian Banks From the International System Could Backfire
Credit Suisse says removing the lenders from SWIFT may lead to problems similar to the 2008 and 2020 panics.
Risk
No, War Won’t Make the Fed Ease Off Rate Hikes, Says Goldman
Higher inflation will trump any geopolitical problems, the firm believes.
Risk
Will the Russian Invasion Hold Back the Fed’s Tightening?
Maybe it won’t jump by 0.5 point. Amid new worries about the world economy, questions swirl about how high the central bank will go.