{"id":88512,"date":"2022-01-10T16:21:37","date_gmt":"2022-01-10T16:21:37","guid":{"rendered":"https:\/\/funds.palos.ca\/issue-2-formulating-a-view-on-the-feds-monetary-stance\/"},"modified":"2022-01-10T16:21:59","modified_gmt":"2022-01-10T16:21:59","slug":"issue-2-formulating-a-view-on-the-feds-monetary-stance","status":"publish","type":"post","link":"https:\/\/funds.palos.ca\/fr\/issue-2-formulating-a-view-on-the-feds-monetary-stance\/","title":{"rendered":"Issue 2 &#8211; Formulating a View on the Fed\u2019s Monetary Stance"},"content":{"rendered":"<p>On Wednesday, the minutes of the Federal Reserve\u2019s December policy meeting revealed that the monetary authorities had turned out to be more hawkish than the market generally anticipated. They telegraphed that they could not only raise the policy rate earlier, but at a quicker pace than the official plan and revealed that they had also started to discuss how to reduce the Fed\u2019s massive $8.8 trillion holding of government bonds. Abandoning any pretence of patience and leaving gradualism behind, the Fed spooked traders, sending the S&amp;P 500 and the tech-heavy Nasdaq down 1.9% and 3.3% respectively, having seemingly started the new year on a strong footing. There were signs that the Omicron Covid-19 variant was less severe, labour conditions were improving and supply-chain bottlenecks easing. Speculators were betting that business conditions would not derail economic growth and\/or cause more inflation than was already expected.<\/p>\n<p>&nbsp;<\/p>\n<p>Follow us on: <a href=\"https:\/\/www.linkedin.com\/company\/palos-management-inc.\/\"><strong>LinkedIn<\/strong><\/a><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"color: #000000;\">By Hubert Marleau<\/span><\/p>\n<p><strong><span style=\"color: #000080;\"><a style=\"color: #000080;\" href=\"https:\/\/funds.palos.ca\/wp-content\/uploads\/2022\/01\/Macro_View_011022.pdf\">Continue Reading in PDF<\/a><\/span><\/strong><\/p>\n<p><span style=\"color: #000000;\">By Hubert Marleau<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>On Wednesday, the minutes of the Federal Reserve\u2019s December policy meeting revealed that the monetary authorities had turned out to be more hawkish than the market generally anticipated. They telegraphed that they could not only raise the policy rate earlier, but at a quicker pace than the official plan and revealed that they had also &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"https:\/\/funds.palos.ca\/fr\/issue-2-formulating-a-view-on-the-feds-monetary-stance\/\"> <span class=\"screen-reader-text\">Issue 2 &#8211; Formulating a View on the Fed\u2019s Monetary Stance<\/span> Lire la suite\u00a0\u00bb<\/a><\/p>\n","protected":false},"author":11,"featured_media":88508,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[31],"tags":[],"_links":{"self":[{"href":"https:\/\/funds.palos.ca\/fr\/wp-json\/wp\/v2\/posts\/88512"}],"collection":[{"href":"https:\/\/funds.palos.ca\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/funds.palos.ca\/fr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/funds.palos.ca\/fr\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/funds.palos.ca\/fr\/wp-json\/wp\/v2\/comments?post=88512"}],"version-history":[{"count":0,"href":"https:\/\/funds.palos.ca\/fr\/wp-json\/wp\/v2\/posts\/88512\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/funds.palos.ca\/fr\/wp-json\/wp\/v2\/media\/88508"}],"wp:attachment":[{"href":"https:\/\/funds.palos.ca\/fr\/wp-json\/wp\/v2\/media?parent=88512"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/funds.palos.ca\/fr\/wp-json\/wp\/v2\/categories?post=88512"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/funds.palos.ca\/fr\/wp-json\/wp\/v2\/tags?post=88512"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}