Rubrics Morning Comment 02.07.24
2nd July 2024
• Wall Street Maps Out What a Trump Victory Would Mean for Bonds • Trump Immunity Ruling Means Any Trial Before Election Unlikely • Democrats Weigh Mid-July Vote to Formally Tap Biden as Nominee • JPMorgan Says Time to Take Profit on Bearish Treasuries Bets more
Rubrics Morning Comment 26.06.24
26th June 2024
• Bond Traders Boldly Bet on 300 Basis Points of Fed Cuts by March • US Consumer Confidence Declines on Weaker Outlook for Economy • Fed’s Cook Says Rate Cut Needed at Some Point But Timing Unclear • Fed’s Bowman Warns of Upside Risks to Inflation, Not Time to Cut more
Rubrics Morning Comment 25.06.24
25th June 2024
• Fed’s Daly Warns of Labor Market Risks, Nearing Inflection Point • US Approves Freddie Mac Pilot Program to Buy Second Mortgages • Federal Reserve Floats Weaker Version of Bank-Capital Revamp (1) • Real Estate Bets Gone Wrong Roil $1.24 Trillion Canadian Funds more
Rubrics Morning Comment 24.06.24
24th June 2024
• Fed’s Key Inflation Gauges May Offer Path to Rate Cuts: Eco Week • How Long Will High Rates Last? Bond Markets Say Maybe Forever • US Existing-Home Sales Fall a Third Month as Prices Set a Record • US Services Activity Expands by Most in More Than Two Years more
Rubrics Morning Comment 21.06.24
21st June 2024
• Big Bets See Powell Turning July’s Fed Meeting Into Live One (1) • Wall Street’s $5.5 Trillion Triple-Witching to Test Market Calm • US Adds Japan to FX Watchlist Amid Global Strain of Firm Dollar • Goolsbee Says Fed Can Cut With More Inflation Reports Like May more
Rubrics Morning Comment 20.06.24
20th June 2024
• Treasuries Are a Whisker Away From Erasing This Year’s Loss (1) • What a Reelected Trump Could and Couldn’t Do to Sway the Fed • China Has No Favorite in Biden-Trump Race, US Intelligence Finds • Treasuries Edge Lower as Cash Trading Resumes, NZ Bonds Fall more
Rubrics Morning Comment 19.06.24
19th June 2024
• Traders Bet on a Treasury Rally With Two 2024 Fed Cuts Priced In • Fed Officials Urge Patience on Rate Cuts, Offer Hints on Timing • US Retail Sales Barely Increase in Sign of Consumer Strain • US Industrial Output Rises More Than Forecast in Broad Advance more
Rubrics Morning Comment 18.06.24
18th June 2024
• Fed’s Harker Says One ‘24 Rate Cut Appropriate Based on Outlook • Mester Urges Fed to Explain Its Decisions, Policies More Clearly • Trading Indicator With 100% Win Rate Signals Sell Long Bonds Now • Goldman Sees US Jobs at Inflection Point, Sticks to Two Cut Call more
Rubrics Morning Comment 17.06.24
17th June 2024
• Global Rate-Cut Juggernaut Is Struggling to Start: Eco Week • How the US Mopped Up a Third of Global Capital Flows Since Covid • Kashkari Says Fed Well-Placed to Take Its Time Ahead of Rate Cut • Fed’s Mester Sees Inflation Risks to Upside Despite Better Data more
Rubrics Morning Comment 14.06.24
14th June 2024
• US Jobless Claims Rise to Highest in 9 Months, Led by California • US Producer Prices Surprise With Biggest Decline Since October • US Money-Market Funds Hit All-Time High of $6.12 Trillion (1) • Fed Diverges From Global Peers in New Era of Higher for Longer more
