Rubrics Morning Comment 11.07.24
11th July 2024
• Powell Not Prepared Yet to Say He’s Confident About Inflation • US Inflation Data to Bolster Case for Fed Rate Cut in September • Pressure on Biden Mounts as Senate Democrat Calls for New Ticket • NATO Allies Gloomy on Biden’s Prospects Seek Out Trump Circle more
Rubrics Morning Comment 10.07.24
10th July 2024
• Powell Flags Rising Risks to Jobs While Avoiding Rate-Cut Timing • Divided Democrats Blast Trump Agenda to Shift Biden Focus (3) • Bond Traders Built Up Bets on a Treasury Rally Every Day in July • Yellen Echoes Powell Saying Labor Market Now Less Inflationary more
Rubrics Morning Comment 09.07.24
9th July 2024
• Biden’s Biggest Donors Left Powerless to Sway Him to End Bid (1) • Embattled Biden, Weakened Allies Fuel Doubts at NATO’s 75th • Biden Meets Black Lawmakers, Pushes to Quash Democratic Revolt • Powell to Face Fed Critics in Congress on High Rates, Bank Rules more
Rubrics Morning Comment 05.07.24
5th July 2024
• Biden Heads Into Make-or-Break Weekend for 2024 Election • Defiant Biden Rallies Democratic Governors During Candid Meeting • US Jobs Report to Show a Substantial Slowdown in Hiring in June • US-Led Rising Debt Across G-7 Stokes S&P and Scope Concerns (1) more
Rubrics Morning Comment 02.07.24
3rd July 2024
• Powell Welcomes Recent Data But Fed Needs More Confidence to Cut • Fed’s Goolsbee Says Officials Should Prepare for Rate Cuts (1) • Biden Blames Travel for Poor Debate as He Looks to Calm a Revolt • Traders Flock to a Trump-Fueled Bet on Higher US Treasury Yields more
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
