Australia’s central bank looks neither hawk nor dove. It seems more of a shag on a rock in a sea of interest rate cuts.
However, Fed Chair Jerome Powell is forcing us to change them now, to 50/30/20. In his August 23 Jackson Hole speech, he signaled that he was pivoting from an inflation hawk to an employment dove.
So earnings should continue to justify rational exuberance. The problem is valuation. Warren Buffett has been raising cash probably because his Buffett Ratio (measured as the S&P 500's price index to ...
At his presser on Wednesday, Powell delivered the stock market to the Promised Land, where "strength in the labor market can be maintained in a context of moderate growth and inflation moving ...
The Fed's rate decision on Sept. 18 is uncertain, with debate over a 0.25% or 0.5% cut. 3 Senators urge a 75 bps cut, citing ...
This time in fact is especially different than the start of most easing cycles because the Fed is easing in response to ...
Technical overview holds as ‘bull average’ in both weekly and daily time frames, while in sentiment CoT speculators and IG ...
For the first time since 2005, one FOMC member, governor Michele Bowman, dissented, voting instead for a 25bp cut.
The other event on the US calendar today is the Fed’s Beige Book. We have been warning of pockets ... who is generally considered neutral in the hawk-dove spectrum. The Bank of Canada (BoC) is widely ...
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Traders have been fully pricing 25 bps from the Fed in September for weeks and increased ... council member Robert Holzmann, seen as a hawk, warned that the ECB might not lower rates next month.