-
What A Difference: Year's Last Fed Meeting Ends Today With Rates Not Seen Changing
Wednesday, December 11, 2019 - 9:49am | 2396Read More...It was almost a year ago when a Fed meeting helped send stock indices plunging into bear or near-bear territory. The Fed’s decision back then to raise rates for a fourth time in 2018 put new interest rate fear into an already shaky market. By Christmas Eve, the S&P 500 Index (SPX) was...
-
Implications Of Fed Rate Cut For Carriers And Shippers
Thursday, August 1, 2019 - 1:48pm | 1302Read More...Yesterday, Federal Reserve officials decided to add some additional stimulus into the economy, settling on a 25 basis point reduction in the federal funds rate at the conclusion of the July 30-31 Federal Open Market Committee (FOMC) meeting. This marks the first reduction in interest rates since...
-
Thursday's Market Minute: What To Watch For Today
Thursday, June 13, 2019 - 8:29am | 306Read More...In the background of the volatility the past 15 months, one great shift in the stock market has gone overlooked, or at least underappreciated. Since Jan. 26, 2018 – the highest-valuation high of the bull market thus far – high-beta companies have underperformed both the S&P 500 as...
-
Bill Gross Says Friday's Jobs Report Isn't 'Hunky-Dory'
Friday, July 8, 2016 - 1:16pm | 248Read More...Bill Gross, the notable bond investor, thinks Friday's U.S. jobs report isn't as "hunky-dory" as it may seem. Speaking to Bloomberg Television on Friday, Gross noted that while Friday's job report showed that employers added 287,000 jobs, the jobless rate also rose one-fifth of a percentage point...
-
Asian, European Stocks Mostly Lower Amid U.S. Interest Rate Concerns
Thursday, May 19, 2016 - 6:06am | 346Read More...Global equities were mostly lower on Thursday after the U.S. Federal Reserve's minutes from its April meeting point to a potential interest rate hike as soon as June. Higher interest rates in the U.S. could result in global investors pulling money out of riskier assets, particularly in...
-
Deutsche Bank Defends Fed, Says Rate Hike Is Not A Mistake
Thursday, December 10, 2015 - 8:14am | 410Read More...According to a research report by analysts at Deutsche Bank, there is now a "broad-based consensus" that the Fed will "take the plunge" and raise rates in December. The analysts noted that the U.S. economy is strong enough to withstand higher rates. The analysts added the Fed will gradually...
-
EXCLUSIVE: Mohamed El-Erian Says Fed Signals 'Greater Comfort' With Potential December Hike
Wednesday, November 18, 2015 - 3:20pm | 498Read More...Minutes from the Federal Reserve's October meeting suggested that "some participants" felt that the conditions for policy normalization process had already been met. The minutes added that "most participants" anticipated conditions could "well be met" by December to justify a rate hike. Speaking...
-
JPMorgan Trimming Bank Exposure, Downgrades Comerica
Tuesday, October 6, 2015 - 12:46pm | 822Read More...Steven Alexopoulos of JPMorgan commented in a note that the Fed's recent meeting demonstrated a "very dovish tone." Alexopoulos suggested investors trim exposure to banking stocks, especially asset sensitive firms. Alexopoulos downgraded shares of Comerica Incorporated (NYSE: CMA) to Neutral from...
-
Deutsche Bank: 3 Ways To Buy The Banking Dip
Tuesday, September 8, 2015 - 2:23pm | 478Read More...Matt O'Connor of Deutsche Bank offered investors three names within the U.S. banking space to invest in following the recent pullback in bank stocks. O'Connor noted that bank stocks are down 13 percent since their highs in late July and have underperformed the 9 percent decline in the S&P 500...
-
Credit Suisse 'Very Positive' On U.S. REITs: Upgrades Seven Stocks, Downgrades Three
Thursday, August 20, 2015 - 8:22am | 520Read More...Ian Weissman of Credit Suisse commented in a note on Thursday that REITs stocks are "attractively valued" relative to the "strong underlying performance" and valuation of real estate across the United States. This, coupled with a "constructive" macroeconomic backdrop...
-
Sterne Agee: Fed Committed On International Growth And Domestic Inflation
Friday, November 21, 2014 - 10:30am | 310Read More...Lindsey Piegza, Sterne Agee's chief economist commented earlier this week on the Fed's October meeting minutes. While the minutes offered no specifics of a timeline for rate increases, it focused mostly on new barriers to rate hikes. “In the September minutes, international...
-
Analysts Expect Fed To Hike Discount Rate
Monday, April 5, 2010 - 6:04am | 180Read More...According to an article on MarketWatch, analysts expect the Fed to hike the discount rate again when they meet today. This would widen the gap between the discount rate and fed funds rate, which is more closely-watched. The Board of Governors is scheduled to meet today to consider the discount rate...
-
Fed's Richard Fisher Says, “Low Fed Rates For Some Time”
Wednesday, March 3, 2010 - 10:54am | 137Read More...The US economy is unlikely to go into a double-dip recession, but the recovery will be anemic, said Dallas Federal Reserve President Richard Fisher on CNBC today. "It is sort of a post-traumatic shock syndrome" that the economy goes through and it will take a long time to cure,” Fisher said. On...
