Monetary policy was not changed and many regard the post meeting statement as “ultra-dovish” even as the domestic economy reaches full employment by definition and the FOMC increasing its 2015 growth and core inflation forecasts.
...Today is the conclusion of the most anticipated FOMC meeting in recent memory. The constant narrative is 100x worse than a whining two year old. At some juncture the FOMC will change policy. It is not a question of if but when. Can...
Stocks rallied yesterday as Treasuries tumbled as data suggested a resilient consumer. Retail sales is suggesting third quarter growth can be potentially around 3.0%. The two year treasury or the treasury most sensitive to monetary policy rose to the highest level since 2011.
...Last weekend I watched Ground Hog Day, thinking is this not occurring in the equity markets? Every day it is the same narrative. The Fed may/may not increase interest rates. Oil is going to continue to drop. China is going to bring the...
The four major possible trends that I have focused on during the past nine months may be coming to fruition. I will address the four in no particular order.
...Today is 9/11. The events of fourteen years ago still bring a lump to my throat, remembering the college classmates, friends and associates who lost their lives. Yes today’s volatility is deafening, causing anxiety levels to rise considerably but these emotions/events are nothing...
Bespoke Investment Group has quantified recent market volatility. According to Bespoke, the number of “all or nothing days,” or trading sessions when the number of advancing stock minus the number of declining stocks in the S & P 500 reaches more than 400...
Capitol Securities Management, Inc. continues its expansion plan with the opening of a new full-service branch office in Charleston, South Carolina. The branch will be led by Larry Bendt formerly of JHS Capital Advisors, LLC. The Charleston branch is the latest of the company’s regional offices...
The headlines are horrific but do the headlines really reflect reality? Bad is good and good is bad, an environment where everyone has a view, a view that is automatically taken authoritatively given the unedited blogosphere. It can be argued these radically different...
Markets traded lower Friday on August’s employment data. I believe the statistics were mixed and can be used to make a case for or against a rate hike at the upcoming FOMC meeting. I again ask does 0.25% really matter economically? Unfortunately it...