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Making The Case For A June Fed Rate Cut
Tuesday, June 18, 2019 - 4:25pm | 556Read More...This week’s Federal Reserve announcement may be one of the most important ones in recent memory given the increased expectation among investors that the Fed will now be cutting interest rates at least once by the end of the year. The bond market is currently pricing in only a 25.8% chance the...
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Ahead Of 2016's Final FOMC Meeting, U.S. Economy Better Positioned For Rate Hike
Tuesday, November 1, 2016 - 1:37pm | 290Read More...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...
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MKM Partners Says August Jobs Figures Take September Rate Hike Off The Table
Friday, September 2, 2016 - 1:35pm | 366Read More...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. “...
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Kohl's Gets Mid-Day Downgrade, Analyst Cites 'Structural Challenges'
Thursday, February 4, 2016 - 2:45pm | 254Read More...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...
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The Fed's Massive 1937 Mistake: Is It Happening Again?
Tuesday, September 22, 2015 - 1:52pm | 478Read More...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...
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Has Greece Had Its 'Lehman Moment'?
Tuesday, June 30, 2015 - 10:40am | 375Read More...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...
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Stocks Cheapest In 60 Years (SPX)
Thursday, July 1, 2010 - 6:23pm | 160Read More...An interesting strategist joined the Fast Money crew on CNBC this afternoon and argued that U.S. stocks are at their cheapest levels since 1951. To support this thesis, Michael Darda of MKM Partners compared earnings valuations to corporate bond yields. The S&P 500 (SPX) has a so-called...
