If a Hesitant Fed Won’t Cut, Other Central Banks Will, Says Ned Davis
Chair Jerome Powell declares that the Federal Reserve is in no hurry to reduce rates due to sticky inflation.
Chair Jerome Powell declares that the Federal Reserve is in no hurry to reduce rates due to sticky inflation.
Research firm overweights equities and bullion, amid pending rate drop.
Shrinking the central bank’s balance sheet has been ongoing for two years.
Several finance savants, including Jamie Dimon, admonish that high inflation and a punk economy could stage a comeback.
Dropping central bank rates will help a lot, with the 10-year Treasury total return rising as much as 13%, the firm contends.
Everyone expects a soft landing, but Ned Davis sketches how that felicitous result might not happen.
After many years of low borrowing costs, too many people have the delusion that these will return, NEPC warns.
Only to a minor degree, says LPL Financial—goods prices already are low, so there’s a cushion.
Futures market expects deeper cuts ahead than the central bank bunch projects.
When the S&P 500 advances more than 20%, as it did in 2023, history says it will climb an average 10% in the next year, an investment sage finds.
The mega-cap tech giants appear invincible. But things always change in the market.
The central bank wants the price index growth to ratchet down to 2%.
An OECD report details how rough last year was for global funds, although the U.S. was protected slightly by a strong dollar.