Top reads from across the past week… Read the rest of this entry »
Posts Tagged ‘Federal Reserve (Fed)’
If the strengthened USD, the rally in interest rates, and the underperformance of dividend income stocks aren’t enough evidence, LIBOR is sending a clear signal that a market-based tightening has already occurred. Read the rest of this entry »
In addition to global economic entanglement (read: China I & II), Janet Yellen and the Fed’s decision to defer its first rate hike in 9-years must have considered market-derived signals that are troubling for the US growth outlook. What’s more is that these indicators have reached levels that prompted Fed intervention (i.e. QEs & OT) in prior years… Read the rest of this entry »
A combination of California port closures and record snowfalls in the Northeast have conspired to drag on 2015q1 economic data. Recall that both matters were formidable headwinds a year ago as well, with 2014q1 GDP @ -2.1% saar.
A couple notes in regards to that comparison, which is an important gauge of 2015’s economic health: