Tag Archive for Fed

Digging a deeper hole – Sober Look

This is a syndicated repost courtesy of Sober Look. To view original, click here. Reposted with permission. Looks like our assessment has been wrong. The current FOMC, who has chosen to stay the course on securities purchases, is even more dovish than many had predicted. The Fed is following a dangerous path. Nevertheless the markets…

Yellen’s nomination is not a done deal – Sober Look

This is a syndicated repost courtesy of Sober Look. To view original, click here. Reposted with permission. The Obama administration was hit by another setback this weekend. Realizing that the Larry Summers nomination as the next Fed chairman was going to face some tough opposition in Congress, the president decided to pick someone else. Reuters:…

Is the treasury sell-off overdone? Sober Look

This is a syndicated repost courtesy of Sober Look. To view original, click here. Reposted with permission. ETF Trends recently published an article called “Treasury ETFs: The Ultimate Contrarian Trade” (here). It seems that from the near-term technical perspective, treasury yields may have peaked. That is certainly possible, as portfolio managers – including some sovereign…

Some expect the political game of chicken to keep the Fed on hold in September – Sober Look

This is a syndicated repost courtesy of Sober Look. To view original, click here. Reposted with permission. The sell-side research community remains divided over the timing of the Fed’s first securities purchase program reductions. While economists almost universally believe tapering will begin this year, the split is mostly between the September and the December crowd.…

Check Out What the FOMC Meeting Minutes Did to the Stock Market – Money Morning

This is a syndicated repost courtesy of Money Morning. To view original, click here. Reposted with permission. In one of the most highly anticipated releases of the year, the Federal Open Market Committee (FOMC) meeting minutes from July 30-31 were released today (Wednesday). They will be picked apart for days – but here’s what you…