August continues to live up to its reputation as a tough month for US and global equity markets: Friday’s 2.6% decline on the S&P 500/3.0% drop for the Russell 2000 puts month-to-date returns at -4.5%/-7.3%. Still, at least US stock markets...
As has been the case for the last few days, 2 data points to review with you today: #1: We promise to come off Fed Watch once markets hear what Chair Powell says Friday morning, but for now we remain chained to this particular oar.Fed Fund Futures...
Excerpt from MarketWatch quoting DataTrek’s Nick Colas: …. “Bonds with negative yields sound like be awful investments. So why are investors piling into bond ETFs? Nicholas Colas, Co-founder of DataTrek Research, mused on that...
As with yesterday’s note, we have 2 data topics to discuss today: #1: We’re stuck on Fed watch until Chair Powell’s speech at Jackson Hole on Friday morning, so here is the latest from the Fed Funds Futures market: Odds remain locked on a 25...
“Global investment in financial technology (fintech) ventures fell sharply in the first half of 2019.” That’s a headline getting a lot of attention from a recent Accenture report. Dig a little deeper, however, and the space is actually...
Excerpt from Yahoo Finance quoting DataTrek’s Nick Colas: …. “Datatrek Research co-founder Nick Colas says Powell may be able to avoid a sharp decline in stocks simply by signaling that the Fed will ’embark on a steady diet...
