Recalibration Is Complete Now that the Policy Rate is Neutral
The Federal Reserve cut its policy rate by 25bps on Wednesday, as widely expected, taking the midpoint of the target range to 4.375%. The decision
The Federal Reserve cut its policy rate by 25bps on Wednesday, as widely expected, taking the midpoint of the target range to 4.375%. The decision
Many investors are bearish because contrarian indicators show that there are too many bulls and not enough bears, and therefore too much complacency. This belief
The week was highlighted by Trump’s nomination of Scott Bessent to be US Treasury Secretary, his intention to impose tariffs on America’s top trading partners
The Stock market is set to experience a record-breaking year. So far, $450 billion has flowed into US equity funds on a net basis, explaining
Based on bold promises that Trump and his acolytes will be able to fix the economy and bring robust growth by unshackling the business sector
A scarcity of high ranking economic reports and the advent of Memorial Day should have made this week listless. The focus was on the housing
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