Michael Darda

Michael Darda, MKM Partners' chief economist and market strategist, commented in a research report that the market is in a better position today to absorb a Federal Reserve rate hike compared to the same period a year ago. According to Darda, Fed funds are pricing in a 60 percent likelihood of a 25...

While the addition of 151,000 jobs in August wasn’t a particularly bad number for the U.S. economy, it fell short of consensus expectations of 180,000. MKM Partners economist Michael Darda also believes it was soft enough to eliminate the possibility of a September interest rate hike. “...

Wall Street dragged Kohl's Corporation (NYSE: KSS) through the mud on Thursday after the company lowered its 2016 guidance. The retailer's stock fell nearly 20 percent by Thursday afternoon as investors fled after a fiscal update revealed the company significantly lowered its earnings outlook. MKM...

MKM’s chief economist believes that the Fed made the right move by not tightening in September. He believes that the Fed should wait to achieve its inflation and wage growth targets before raising rates. A premature rate hike could lead to an economic downturn and a hasty return to near zero...

In a report published Monday, MKM Partners Chief Economist and Market Strategist Michael Darda discussed the possibility of a Greece exit from the euro and if so, is this Eurozone's "Lehman" moment. Darda noted that it's "too soon to tell" if Greece will leave the...