The November FOMC meeting is scheduled for November 7 & 8, one day after the November 6 midterm election. We are not looking, then, at the possibility of any further FOMC action on interest rates that might influence the election one way or another, but what about after the election? Is the FOMC likely to […]
Kotok: the market is getting back to normal, & while it might be some new normal, it will have the traditional long-term returns of 8-10% for large-cap domestic stocks & lower single-digits for bonds, & he noted that correcting expectations should help investors find satisfaction in the market ahead.
The last few days, President Trump has made inflammatory and in some instances misguided remarks as to the nature of current Fed policy, its impact on the stock market and potentially on the economy. Examples follow: “It is a correction (the decline in the stock market) that I feel is caused by the Federal Reserve.” […]
Excerpt below: The Australian share market has plunged by more than 2 per cent in early trading following a bloodbath on Wall Street overnight. At 10:15am AEDT on Thursday, the ASX200 index was down by 122.5 points to 5,927.5. It came after Wall Street stocks plunged Wednesday, with major indices losing more than three per […]
“Ready, Fire, Aim”? In Understanding and Managing Public Organizations, Hal Rainey makes the point that “the intangible issues of culture, values, human relations – matters that many managers regard as fuzzy and unmanageable – can and must be skillfully managed.” The contrary approach, which is favored by many companies and government agencies, can be summarized […]
Excerpt below: The Dow plunged more than 800 points Wednesday, its worst drop in eight months. Rising bond yields have been drawing investors out of the stock market. The best-performing stocks over the past year took some of the biggest losses. Growing concerns about the impact of higher borrowing costs on corporate earnings and consumer […]
The Danger of Rising Bond Yields, and the Opportunities There are multiple reasons for the latest stock market slump, and rising bond yields are among them. By Bernice Napach | October 10, 2018 at 04:57 PM Excerpt below: The 10-year Treasury note was yielding 3.24% in midafternoon trading on Wednesday, just below the seven-year high […]
Reuters Wednesday August 29, 2018 18:42 Excerpt of: Fed staff research anchors subtle shift that could lead rates higher by Howard Schneider WASHINGTON – The U.S. Federal Reserve should be ready to lift interest rates for a longer period or even more quickly than currently expected to insure against a jump in inflation in a […]